USDA has started making the initial payments to farmers under the Market Facilitation Program 2 (MFP 2).
"The process began today (August 21) for payments for producers that have approved applications so producers should be seeing that first 50% tranche of those payments very soon," Fordyce told USDA Radio. Second and third tranche payments accounting for 25% each of the total MFP payment will be sent out conditioned on continued trade challenges.
However, there are reports that glitches in USDA/FSA software regarding some components of the program will mean some producers will not get their payouts until September.
Looking forward, if trade conditions fail to improve by late fall, the second MFP payments will be made, likely in November, while a third would come "probably in January at some point" if the trade difficulties persist, Fordyce said. Those are payment timelines that USDA has signaled in public filings on the MFP 2 payments and in press releases.
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