More Time To Sign Up For Trade Aid, Dairy Program
USDA says the brutal weather conditions this year that have continued recently are enough to have the agency extend signup for the 2019 Market Facilitation Program (MFP 2) and the Dairy Margin Coverage (DMC) program. MPF 2 signup was to have ended December 6 and DMC enrollment for 2020 was to end December 13.
USDA says enrollment will now be open through December 20.
Just over one quarter of licensed dairy operations, 7,204 farms, have enrolled in DMC for the 2020 calendar year as of Dec. 9. By comparison, 82% of licensed operations, 23,164 in all, signed up for the program for 2019.
Under the first two of three possible tranches of MFP 2 payments, FSA has paid $10.470 billion in MFP payments to farmers. The top five states were Iowa, Illinois, Minnesota, Texas and Kansas.