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NCGA says MFP2 calculations better for corn

The first-vice-president of the National Corn Growers Association says they appreciate the way the USDA calculated trade damage payments in this second round of the Market Facilitation Program (MFP). Kevin Ross tells Brownfield Ag News, “We certainly think they did a much better job. And, definitely, at least looked at a lot of the information put forward.”

Ross – an Iowa farmer – tells Brownfield it’s ultimately not what farmers want, “You know, these MFP payments aren’t going to make farmers whole. We need trade. We need things to move forward but certainly also appreciate the understanding that this is – you know – damaging scenarios and this is one way to help mitigate some of that risk.”

In the first MFP, corn farmers got only 1-penny per bushel.  NCGA estimated the average price loss for corn as of April 2019 was about 40-cents per bushel. MFP2 payments are based on county-level crop acreage numbers.