(Washington, D.C., July 25, 2019) – U.S. Secretary of Agriculture Sonny Perdue today announced further details of the $16 billion package aimed at supporting American agricultural producers while the Administration continues to work on free, fair, and reciprocal trade deals.
In May, President Trump directed Secretary Perdue to craft a relief strategy in line with the estimated impacts of unjustified retaliatory tariffs on U.S. agricultural goods and other trade disruptions. The Market Facilitation Program (MFP), Food Purchase and Distribution Program (FPDP), and Agricultural Trade Promotion Program (ATP) will assist agricultural producers while President Trump works to address long-standing market access barriers. (See below for more information on May announcement.)
“China and other nations have not played by the rules for a long time, and President Trump is the first President to stand up to them and send a clear message that the United States will no longer tolerate unfair trade practices,” Secretary Perdue said. “The details we announced today ensure farmers will not stand alone in facing unjustified retaliatory tariffs while President Trump continues working to solidify better and stronger trade deals around the globe.
“Our team at USDA reflected on what worked well and gathered feedback on last year’s program to make this one even stronger and more effective for farmers. Our farmers work hard, are the most productive in the world, and we aim to match their enthusiasm and patriotism as we support them,” Secretary Perdue added.
Market Facilitation Program
Are you a farmer or rancher whose commodities have been directly impacted by unjustified foreign retaliatory tariffs, resulting in the loss of traditional export markets? The Market Facilitation Program was created for producers just like you.
Agriculture Secretary Sonny Perdue announced May 23, 2019 that USDA would again provide aid to assist farmers hurt by trade disruptions prompted by unjustified foreign retaliatory tariffs on their products through MFP. President Trump authorized USDA to provide up to $14.5 billion in direct payments through MFP for 2019 to assist impacted producers, which is in line with the estimated impacts of the retaliatory tariffs on – and non-tariff barriers to exports of – U.S. agricultural goods.
Sign-up Begins July 29
Sign-up for the program begins Monday, July 29 and ends December 6, 2019.
The first payment will be comprised of the higher of either 50 percent of a producer’s calculated payment or $15 per acre. The first payment will be made in mid-to-late August.
MFP payments will be made in up to three tranches (or portions), with the second and third tranches evaluated as market conditions and trade opportunities dictate. If conditions warrant, the second tranche will be made in November, and the third in early January.
How to Apply
Applications will be available beginning Monday, July 29. Check back here for more information on how to apply.
Broader USDA Effort
MFP is part of a broader USDA effort to help producers whose commodities have been directly impacted by tariffs. Other USDA programs include:
The Food Purchase and Distribution Program will purchase the unexpected surplus of affected commodities.
And the Trade Promotion Program will restore lost markets and develop new export markets for our nation’s farm products.
This is a second year of MFP. So far, USDA has made about $8.59 billion in payments to producers who applied for MFP in 2018.