The payment that MFP participants will receive is calculated based on the eligible production multiplied by the participant's share multiplied by the MFP payment rate. For shelled almonds, the rate that will be in effect beginning at the start of the application period is $0.03 per pound.
The initial payment rate will apply to the first 50% of the producer's total production. On or about December 3, 2018, the Commodity Credit Corporation may announce a second payment rate, if applicable, that will apply to the remaining 50% of the producer's production for the selected commodity. The 2018 production is used to calculate the MFP payment.
The application period is from September 24, 2018, to January 15, 2019.
Federal Register Vol. 83, No. 186. Tuesday, September 25, 2018, 2018. Pages 48410-48411
The initial payment rate will apply to the first 50% of the producer's total production. On or about December 3, 2018, the Commodity Credit Corporation may announce a second payment rate, if applicable, that will apply to the remaining 50% of the producer's production for the selected commodity. The 2018 production is used to calculate the MFP payment.
The application period is from September 24, 2018, to January 15, 2019.
Federal Register Vol. 83, No. 186. Tuesday, September 25, 2018, 2018. Pages 48410-48411