WASHINGTON — Agriculture Secretary Sonny Perdue on Feb. 3, 2020, announced farmers will get the third and final Market Facilitation Program payment.
According to a statement from the U.S. Department of Agriculture, the payments will be made at the direction of President Donald Trump. The payments will begin to show up in farmers’ bank accounts by the end of this week. The final payment will come even as the trade wars that spurred the MFP payments come to an end.
“It’s been a great start to 2020 for American agriculture with the signing of the historic phase one deal with China and the signing of USMCA,” Perdue said in a statement. “While these agreements are welcome news, we must not forget that 2019 was a tough year for farmers as they were the tip of the spear when it came to unfair trade retaliation. President Trump has shown time and again that he is fighting for America’s farmers and ranchers and this third tranche of 2019 MFP payments is proof. President Trump is following through on his promise to help and support farmers as he continues to fight for fair market access just like he did with China.”
MFP enrollment ended on Dec. 20, 2019. The first two payments already have been made. The third represents 25% of the total payment amount, which varies by county. As of Jan. 28, the USDA's Farm Service Agency has paid more than $10.8 billion in MFP payments to farmers. The top five states were Iowa, Illinois, Texas, Minnesota, and Kansas. To learn more about the program, visit https://www.farmers.gov/manage/mfp.