Georgia Farm Bureau News Alert - August 29, 2018

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August 29, 2018

www.gfb.org

Vol. 36 No. 17

USDA DETAILS AID FOR FARMERS AFFECTED BY TARIFF RETALIATION On Aug. 27, U.S. Secretary of Agriculture Sonny Perdue announced details of actions the U.S. Department of Agriculture (USDA) will take to assist farmers in response to trade damage from tariff retaliation by foreign nations. The USDA will authorize up to $12 billion in programs, consistent with U.S.’ World Trade Organization agreement. The Market Facilitation Program (MFP), Food Purchase and Distribution program and the Agricultural Trade Promotion (ATP) program will assist agricultural producers to meet the costs of disrupted markets. USDA’s Farm Service Agency (FSA) will administer the Market Facilitation Program (MFP) to provide payments to producers of corn ($0.01/bushel), cotton ($0.06/pound), dairy (milk, $0.12/cwt), pork ($8/head), sorghum ($0.86/bushel), soybeans ($1.65/bushel), and wheat ($0.14/bushel) producers starting Sept. 4. An announcement about further payments will be made in the coming months, if warranted. The MFP is budgeted for $4.7 billion in payments, $3.6 billion of which will go to soybean producers. USDA’s Agricultural Marketing Service (AMS) will administer a Food Purchase and Distribution Program to purchase up to $1.2 billion in commodities targeted by retaliation. USDA’s Food and Nutrition Service (FNS) will distribute these commodities through nutrition assistance programs such as The Emergency Food Assistance Program (TEFAP) and child nutrition programs. The commodities to be purchased are apples, apricots, beef, blueberries, cranberries, dairy, figs, grapefruit, grapes, hazelnuts, kidney beans, lemons/limes, lentils, macadamia, navy beans, fresh oranges, orange juice, peanut butter, pears, peas, pecans, pistachios, plums/prunes, pork, potatoes, rice, strawberries, sweet corn and walnuts. MFP applications will be available Sept. 4 online at www.farmers.gov/mfp. For more information, contact your local FSA office, which can be found at www.farmers.gov. Eligible applicants must have an ownership interest in the commodity, be actively engaged in farming, and have an average adjusted gross income (AGI) for tax years 2014, 2015, and 2016 of less than $900,000. Applicants must also comply with the provisions of the “Highly Erodible Land and Wetland Conservation” regulations. On Sept. 4, the first MFP payment periods will begin. The second payment period, if warranted, will be determined by the USDA. MFP payments are capped per person or legal entity at a combined $125,000 for dairy -continued on next page


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