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Wednesday, November 20, 2019

Farmer Payments Continue to Add Up Via MFP

As USDA starts issuing the second round of payments under the 2019 Market Facilitation Program (MFP 2) this week, county FSA offices have been directed to prioritize processing the payments and wrap up that exercise by November 22. USDA said in a release the payments would go out from November 18-28.

As the second round of payments starts rolling, the payouts thus far under MFP 2 total $6.899 billion. That includes $6.58 billion for non-specialty crops, $69.7 million for specialty crops, and $252 million for livestock.

Midwest states and Texas lead the top states in terms of dollars received under the MFP 2 effort so far.

The second round of payments is expected to total around $3.6 billion.