News

Corn Growers Request Changes in Trade Relief Package


The National Corn Growers Association (NCGA) is urging Agriculture Secretary Sonny Perdue to consider changes to the Market Facilitation Program (MFP) ahead of the second round of payments.

In a letter to Perdue, NCGA president Lynn Chrisp said that many farmers are “disappointed in USDA’s approach to calculating the first round of MFP payments because it was too narrow in scope and did not capture the real-time impacts of trade disruptions on our markets.”

Producers of soybeans, sorghum, corn, wheat, cotton, dairy, and hogs impacted by retaliatory tariffs, resulting in the loss of traditional export markets are the commodities eligible for payments, with soybeans getting the majority of the compensation package in the first round.

NCGA is asking Perdue to add ethanol and distillers dried grains with solubles (DDGS) to the calculation of damages for corn. Using USDA’s methodology, gross trade damages for ethanol and DDGS amounts to $254 million, which was not accounted for in the first MFP payments. Chrisp also asked the Secretary to allow farmers who suffer production losses from disasters to use an alternative to 2018 production for their MFP calculation. This would ensure farmers suffering from drought, hurricane-related losses or other natural disasters would not be penalized twice.

Source: National Corn Growers Association

ProAg Quick Links

Agent Toolbox Grower Toolbox Careers

ProAg News

Corn Prices Heating Up

Despite the USDA raising 2018-19 marketing year ending stocks for corn in last Thursday’s WASDE report, corn prices moved higher to end the week. December corn futures prices returned to the levels seen before the surprising June Acreage report....

More Resilient Flood Control

In the wake of flooding that has inundated the Midwest, people offer different perspectives calling for more investment in flood control infrastructure as recovery begins along the Missouri River and in much of the Mississippi River watershed....

Why MFP 2019 Will Be A Disappointment For Some

The flow of meaningful information from USDA leadership about MFP 2019 payments has remained painfully slow. While there is no way of knowing the exact county-level payment rates, this week's post considers the big-picture impacts of how a 2019 MFP program might roll-out....
Get ProAg updates via email
Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×