Area
United States of America
Commodity Group
Rice
Commodity
All
Date
23/05/2019
Policy Category
Production
Policy Instrument
Production support, government procurement
Description
Announced a second support programme for producers affected by trade disputes with China, setting aside USD 16 billion for the purpose. The initiative will entail extending direct outlays worth USD 14.5 billion to producers of a host of commodities, including rice, in three tranches, under the Market Facilitation Program (MFP). These payments would range from USD 15 to 150 per acre (USD 37-375 per ha), and would be calculated based on county-level per acre payment rates and the total extension cultivated by producers, irrespective of which of the covered crops they effectively planted, for up to the extension cultivated in 2018, and a maximum of USD 250 000 per person or legal entity. Additional interventions would include purchases of surplus produce of selected commodities through the Food Purchase and Distribution Program (FPDP), as well as USD 100 million to develop new export markets through the Agricultural Trade Promotion Program (ATP).
