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  • Updated

The second set of 2019 Market Facilitation Program payments is now scheduled to be released. U.S. Secretary of Agriculture Sonny Perdue said the payments will begin the week before Thanksgiving. Producers of Market Facilitation Program-eligible commodities will now be eligible to receive 25 percent of the total payment expected, in addition to the 50 percent they have already received. Registration at USDA-Farm Service Agency offices will be open through Dec. 6.

  • Updated

After the U.S. Department of Agriculture and the White House announced the 2019 Market Facilitation program, we noted that direct government payments were set to soar in 2019. The USDA’s most recent estimate of $19.5 billion in total direct farm payments is more than $5.5 billion more than 2018. The USDA’s initial estimated 2019 direct payments were $2.5 billion less than 2018 levels. This week’s post is an updated look at direct-payment trends and farm-level implications.

The cattle complex was mixed with live cattle holding steady and feeders slightly weaker. Both markets put in major reversal up early this wee…