Wednesday, July 31, 2019

USDA mitigates pecan growers' trade losses with direct payments


USDA mitigates pecan growers' trade losses with direct payments
In a second round of trade mitigation, the U.S. Department of Agriculture announced the recipients for its Market Facilitation Program, which will provide direct payments to farmers affected by the ongoing trade disputes. Due to the National Pecan Federation's efforts, pecans were included in this list and pecan growers will receive $146 per acre.
Now, the Market Facilitation Program does not mean every grower will automatically receive $146 per acre. Growers must sign up starting on July 29 at their local Farm Service Agency office and can anticipate 50 percent of the payment to be paid first and then in two additional tranches.
"We anticipate the payment limit to be $250,000 per entity," says Bob Redding, lobbyist for the National Pecan Federation.
The National Pecan Federation provided the USDA's more detailed explanation for how the Market Facilitation Program works and how growers can apply in the article linked below.

Because this came out so fast it may be a week before our local FSA office knows how to do the sign ups.  I had contacted Senator Udall Office after the last round and asked why Almonds was included but Pecan was not.  Pecan got included this time.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.