PP and MFP

The USDA confirmed late this afternoon that those acres that enroll in the Prevent Plant program will NOT be eligible for Trade Assistance Payments known as MFP. Under the CCC Charter, aid is restricted to crops that are produced in that crop year. This means that any additional financial assistance for PP will have to come from the Disaster Assistance Bill that passed Monday.

USDA Sec Perdue will have to raise the indemnity for acres not planted (55-90% potential) and determine if those acres need to be in a designated disaster area? USDA is not offering any timing for a announcement on disaster assistance.