Yesterday morning Senator John Hoeven hosted a roundtable with North Dakota agriculturists to discuss trade and distance assistance and Farm Bill signup.
Brain McDonald representing the North Dakota Stockman's Association talks about what he hoped to get across at the roundtable.
As for the North Dakota Corn Growers Association representative Drew Courtney who also farmers near Oakes, ND talks about the programs in place for them and the tweaks he voiced at the gathering.
Hoeven outlined that $1.13 billion in Market Facilitation Program (MFP) payments helped secure ND producers in 2018 and 2019.
Disaster Assistance:
1.5 billion in disaster assistance secured in addition to the $3 billion approved by Congress back in May.
Hoeven has been working to ensure that USDA provides assistance in the most effective way possible for producers, including:
Sugar Disaster Assistance
Disaster payments made eligible to sugar cooperatives due to the unprecedented 2019 conditions
Hoeven recently met with USDA Secretary Sonny Perdue to discuss the level of assistance, calculations, and program details.
WHIP+ Quality Loss Coverage
Expanded WHIP+ to cover quality losses and clarified eligible disaster events by including losses related to excess moisture and D3 drought.
Hoeven has outlined a proposal to USDA for covering quality losses based on a prior Farm Bill program, which seeks to fairly compensate farmers with quality losses ina timely manner.
Market Facilitation Program (MFP):
As of February 18, ND producers received $692 million in MFP 2019 payments and a total of $1.13 billion in overall MFP funding.
The USDA provided this assistance in three tranches which covered Title I crops; soybeans, wheat, corn, canola, and others.
ARC/PLC Signup:
Hoeven encourages producers to sign up for Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) the deadline to signup for these programs for the 2019 crop is March 15, 2020 and for the 2020 crop is June 30, 2020.
Malting Barley Endorsement Improvements:
Hoeven also outlined his efforts with the North Dakota Barley Council (NDBC) and the Risk Management Agency (RMA) to improve the malting barley endorsement by establishing a local market price for barley that will ensure fair compensation for malting barley rejected due to quality loss. The malting barley endorsement provides quality loss coverage for growers that produce malting barley under contract.