2019 Market Facilitation Program Available to Assist Producers Trade Disputes
Abstract
The U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) established the Market Facilitation Program (MFP) under Section 5 of the Commodity Credit Corporation (CCC) Charter Act in 2018. This section authorizes CCC to assist in the disposition of surplus commodities and to increase the domestic consumption of agricultural commodities by expanding or aiding in the expansion of domestic markets or by developing or aiding in the development of new and additional markets, marketing facilities and uses for such commodities. MFP provides direct payments to producers of specific products impacted by foreign tariffs. This program has been updated for 2019 to continue to assist growers impacted by trade disputes.
Notes
The U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) established the Market Facilitation Program (MFP) under Section 5 of the Commodity Credit Corporation (CCC) Charter Act in 2018. This section authorizes CCC to assist in the disposition of surplus commodities and to increase the domestic consumption of agricultural commodities by expanding or aiding in the expansion of domestic markets or by developing or aiding in the development of new and additional markets, marketing facilities and uses for such commodities. MFP provides direct payments to producers of specific products impacted by foreign tariffs. This program has been updated for 2019 to continue to assist growers impacted by trade disputes.