USDA has extended the timeline for hog producers to file trade mitigation assistance claims through the Market Facilitation Program (MFP).
Originally, hog producers could apply for a $8 per head aid based on their production as of Aug. 1, 2018. USDA extended the deadline for producers whom the date of Aug. 1, 2018, does not accurately represent the number of head of live hogs they own. Producers may now choose any date between July 15 to Aug. 15, 2018, that correctly reflects their actual operation.
To show eligibility, producers will have to show they have ownership interest in hog production and they had an adjusted gross income average over the past three years of less than $900,000. This means large contract pig owners (Smithfield, Tyson, etc) would likely not be eligible for the program. There is a payment cap of $125,000 per person or entity.
Secretary of Agriculture Sonny Perdue announced in July that USDA would act to help farmers in response to trade damage from unjustified retaliation. President Donald Trump directed Perdue to craft a short-term relief strategy to protect agricultural producers while the Administration works on free, fair and reciprocal trade deals to open more markets in the long run to help American farmers compete globally. These programs will assist agricultural producers to meet some of the costs of disrupted markets.
The signup period for MFP for other eligible commodities is now open and runs through Jan. 15, 2019, with information and instructions provided at https://www.farmers.gov/manage/mfp. The MFP is established under the statutory authority of the Commodity Credit Corp. Charter Act and is under the administration of USDA’s Farm Service Agency (FSA).