Market Facilitation Program
Market Facilitation Program payments for
producers that have already certified production with the Farm
Service Agency will continue beyond January 1, 2019. Signup for
the Market Facilitation Program ends on January 15,
2019. Secretary Perdue will determine if the deadline should be
extended. You do not need to be finished with harvest to sign
up. Farmers have until May 1, 2019, to certify production.
FSA Loan Guidance
Due to the lapse in federal government funding
for all commodity loan activity has ceased as of January 3,
2019. This includes any loan activity conducted by DMA’s, LSA’s,
and CMA’s. Access to the following automated FSA systems will no
longer be available: Commodity Loan Processing System (CLPS),
Cotton On-Line Processing System (COPS), Automated Cotton
Reporting System (ACRS), and Centralized Cotton Redemption (CCR).
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Commodities Pledged as Collateral for a Commodity
Loan
Farm-stored commodities pledged as Commodity
Credit Corporation collateral can be marketed (moved for
purchase to a buyer) or fed, however, the following activities
will not be processed while the government is shutdown:
-
Loan repayments
-
Loan disbursements
-
Refunds
-
Termination of transfers
During the shutdown, movement of collateral will
be treated the same as loan collateral moved on a non-workday
(same as a weekend or federal holiday). Producers with
farm-stored loans may move loan collateral to non-designated
structures during this period without prior written approval,
provided the producer requests a CCC-681-1 Marketing
Authorization on the next business day either by phone or in
person.
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FSA Farm Loan (Direct and Guaranteed) and FSA Farm
Storage Facility Loans (FSFL)
Producers interested in FSA loan assistance may
obtain more information for the following loan activity. The
following sites provide the necessary forms to submit to apply along
with information regarding the loan programs:
Please note these websites will not be current or
maintained until funding issues have been resolved.
Loan applications will not be processed or considered
until the lapse in federal funding has been resolved.
Acceptance of FSA Farm Loan and FSA Farm Storage and
Facility Loan Payments:
If borrowers wish to remit payments, checks and money
orders can be sent by mail to the local FSA office. Payments will be
credited after the lapse in federal funding has been resolved. The
postmark on the envelope will be used as the received date of the
payment. FSFL and Direct Loans will not be deemed delinquent if a
borrower is unable to make a payment due to offices being closed
because of a lapse in federal funding.
Release of Normal Income Security:
Customers requesting the release of proceeds from the
sale of crops, livestock or other security are advised to contact
the office after the lapse in federal funding has been resolved. You
can find your local office by visiting https://www.farmers.gov/service-locator.
[USDA Farm Service Agency] |