# USDA Issues Second Tranche of Market Facilitation Program

> USDA announced the second tranche of 2019 Market Facilitation Program payments, letting eligible producers receive an additional 25 percent of their expected total on top of the 50 percent already paid. Payments were set to begin the week before Thanksgiving. Secretary Perdue said the aid compensates farmers for losses from foreign retaliatory tariffs and natural disasters.

- Date: 2019-11-15 · published 2019-11-15T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/56042-usda-issues-second-tranche-of-market-facilitation-program
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Direct payments support farm cash flow and may keep acres and stored grain in producers' hands rather than forcing sales, which slightly cushions prices for affected crops. The effect on futures is modest because the aid does not change trade flows.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-08-30 | [Federal Register
       :: 
      Market Facilitation Program](https://feedsoft.ai/events/63522-federal-register-market-facilitation-program.md) | +0.4% | +3.9% |
| SOY | 2019-01-22 | [The Market Facilitation Program (Trade Mitigation) and the Government Shutdown](https://feedsoft.ai/events/61079-the-market-facilitation-program-trade-mitigation-and-the-government-shutdown.md) | +0.7% | -1.7% |
| SOY | 2018-09-01 | [Market Facilitation Program: Impacts and Initial Analysis](https://feedsoft.ai/events/63527-market-facilitation-program-impacts-and-initial-analysis.md) | +0.1% | +3.0% |
| SOY | 2018-12-17 | [USDA Launches Second Round of Trade Mitigation Payments](https://feedsoft.ai/events/61569-usda-launches-second-round-of-trade-mitigation-payments.md) | -1.7% | -0.8% |
| SOY | 2018-09-04 | [USDA Launches Trade Mitigation Programs \| USDA](https://feedsoft.ai/events/63024-usda-launches-trade-mitigation-programs-usda.md) | +0.1% | +3.0% |
| CORN | 2018-08-30 | [Federal Register
       :: 
      Market Facilitation Program](https://feedsoft.ai/events/63522-federal-register-market-facilitation-program.md) | +2.0% | +4.0% |
| CORN | 2019-01-22 | [The Market Facilitation Program (Trade Mitigation) and the Government Shutdown](https://feedsoft.ai/events/61079-the-market-facilitation-program-trade-mitigation-and-the-government-shutdown.md) | +0.7% | +0.5% |
| CORN | 2018-09-01 | [Market Facilitation Program: Impacts and Initial Analysis](https://feedsoft.ai/events/63527-market-facilitation-program-impacts-and-initial-analysis.md) | +0.9% | +1.1% |

## Sources

- usda.gov: https://www.usda.gov/about-usda/news/press-releases/2019/11/15/usda-issues-second-tranche-market-facilitation-program

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.