Farmers Urged To Sign Up Now For Payments To Balance Tariffs

Statewide, Iowa — (RI) — Farmers can take a few strategic steps to speed up enrollment in the M-F-P, or Market Facilitation Program. It’s billed as being for farmers who were “directly impacted by unjustified foreign retaliatory tariffs which brought the loss of traditional export markets.”

Iowa State University Extension farm management specialist Steve Johnson says farmers will need to provide one number for each crop.

Johnson recommends farmers submit their production information to their crop insurance agent right away and second, to the Farm Service Agency.

Farmers should apply now, he says, and they don’t need to wait until the entire harvest is complete to submit their forms. Johnson says it makes sense to file right away for M-F-P payments rather than waiting until the field work is fully done.

Johnson says it’s important to expedite the applications for soybeans because that first payment could be $40 to $50 per acre. The M-F-P – administered by the U-S-D-A Farm Service Agency – will provide direct payments to eligible producers of soybeans, sorghum, corn, wheat, cotton, dairy, hogs, shelled almonds, and fresh sweet cherries.

For more information visit https://www.farmers.gov/manage/mfp

Share:

More