Haves and Have-Nots: Why MFP 2019 Will be A Disappointment for Some

by Brent Gloy and David Widmar


The flow of meaningful information from USDA leadership about MFP 2019 payments has remained painfully slow. Yes, there was the big announcement, but there has been exactly zero information that producers can plug into their farm financial projections to help them plan for the rest of 2019. In the absence of tangible information, we’ve been asked numerous time what 2019 MFP payment rates might be. 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. (more…)