The Market Facilitation Program, which had already distributed billions of dollars to American farmers, is being extended.
The USDA announced they're pushing the signup deadline to Dec. 20., giving farmers hurt by recent trade wars more time to receive assistance. The original deadline was Dec. 6.
In a statement, USDA Under Secretary Bill Northey said:
“Because some of our producers are still in the field, time to conduct business at the local USDA office is at a premium. We hope this deadline extension will allow producers the opportunity to participate in these important programs.”
Seventy-five percent of scheduled payments from the more-than $14 billion have already been distributed, with the final round of payments expected to be released in January. However, there are concerns that a government shutdown could hinder the releasing of those payments.