# Market Facilitation Program Payment Totals Won't Hit Max of $9.6 Billion

> USDA Chief Economist Robert Johansson said Market Facilitation Program payments may fall short of the $9.6 billion maximum, since some producers will not apply and others will hit the $125,000 payment limit. Payments totaled $7.06 billion before the February 14 application deadline, with soybeans receiving the largest share at $1.65 per bushel.

- Date: 2019-03-06 · published 2019-03-06T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/60075-market-facilitation-program-payment-totals-won-t-hit-max-of-9-6-billion
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Smaller-than-expected trade aid reduces the income cushion for US soybean growers, which may slightly pressure planting and marketing decisions for soy and related meal supplies.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-09-03 | [FSA Administrator Highlights Market Facilitation Program; Chinese Ag Imports Projected to Decrease - Farm Policy News](https://feedsoft.ai/events/62895-fsa-administrator-highlights-market-facilitation-program-chinese-ag-imports.md) | +0.1% | +3.0% |
| SOY | 2025-07-03 | [Farm Bill in Reconciliation: ARC/PLC Payment Projections; Policy Design Lab Update - farmdoc daily](https://feedsoft.ai/events/23744-farm-bill-in-reconciliation-arc-plc-payment-projections-policy-design-lab.md) | -3.6% | -8.4% |
| SOY | 2018-08-27 | [Trump farm bailout to provide $6 billion in initial relief](https://feedsoft.ai/events/63524-trump-farm-bailout-to-provide-6-billion-in-initial-relief.md) | -1.1% | -0.1% |
| SOY | 2018-07-24 | [USDA announces $12 billion in programs for farmers affected by trade war - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/64020-usda-announces-12-billion-in-programs-for-farmers-affected-by-trade-war-agweek.md) | +3.2% | +4.0% |
| SOY | 2024-05-22 | [Analysis: Farm program payments would more than double for southern crops \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/30239-analysis-farm-program-payments-would-more-than-double-for-southern-crops-agri.md) | -1.8% | -6.6% |
| SBM | 2025-04-11 | [Beginning of stage 3 of the economic program with relaxation of currency restrictions and an exchange rate to float within a band \| BCRA](https://feedsoft.ai/events/25427-beginning-of-stage-3-of-the-economic-program-with-relaxation-of-currency.md) | -0.1% | -3.3% |
| SBM | 2023-08-09 | [World’s Top Food Producers Push Back on Deforestation Rules - Bloomberg](https://feedsoft.ai/events/34615-world-s-top-food-producers-push-back-on-deforestation-rules-bloomberg.md) | -5.4% | -6.1% |
| SBM | 2024-03-21 | [Dollar: market believes exchange rate unification will take time - Buenos Aires Herald](https://feedsoft.ai/events/31490-dollar-market-believes-exchange-rate-unification-will-take-time-buenos-aires.md) | -1.4% | -1.5% |

## Sources

- agriculture.com: https://www.agriculture.com/news/business/market-facilitation-program-payment-totals-wont-hit-max-of-96-billion

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