Cover photo for Seafood Trade Relief Program

Seafood Trade Relief Program (STRP)

Farm Service Agency

Closed January 15, 2021

About

If you are a U.S. fisherman impacted by retaliatory tariffs, you may qualify for funding through the Seafood Trade Relief Program (STRP).

The STRP is part of a relief strategy to support fishermen and other producers while the administration continues to work on free, fair and reciprocal trade deals to open more markets to help American farmers compete globally.

The STRP is not a first-come, first-served program. STRP provides all qualified applicants with relief for 2019 landings of eligible seafood. Payment rates for the program were determined by looking at the average domestic landings reported by all commercial fishing operations in the U.S. for 2019 and comparing it to 2017 landings. From that we determined payment rates per pound for eligible seafood commodities. Those payment rates reflect the estimated severity of the impact of trade disruptions to U.S. seafood caught and sold commercially, and the adjustment to new trade patterns for the types of seafood products. The total amount of estimated damage was used to determine how much funding would be needed. Payments are limited to $250,000 for all seafood commodities combined per person or legal entity. In addition, an applicant’s average adjusted gross income (AGI) cannot exceed $900,000 unless at least 75 percent of the AGI of the person or entity comes from farming, ranching, forestry, seafood harvesting, or related activities.

Commodities

Eligibility

The program provides direct support to U.S. commercial fishermen who have a valid federal or state license or permit to catch seafood who bring their catch to shore and sell or transfer them to another party. That other party must be a legally permitted or licensed seafood dealer. Alternatively, the catch can be processed at sea and sold by the same legally permitted entity that harvested or processed the seafood.

Products grown in a controlled environment are not eligible for the program except for geoducks and salmon.

Terms

The STRP is not a first-come, first-served program. STRP provides all qualified applicants with relief for 2019 landings of eligible seafood. Payment rates for the program were determined by looking at the average domestic landings reported by all commercial fishing operations in the U.S. for 2019 and comparing it to 2017 landings. From that we determined payment rates per pound for eligible seafood commodities. Those payment rates reflect the estimated severity of the impact of trade disruptions to U.S. seafood caught and sold commercially, and the adjustment to new trade patterns for the types of seafood products. The total amount of estimated damage was used to determine how much funding would be needed. Payments are limited to $250,000 for all seafood commodities combined per person or legal entity. In addition, an applicant’s average adjusted gross income (AGI) cannot exceed $900,000 unless at least 75 percent of the AGI of the person or entity comes from farming, ranching, forestry, seafood harvesting, or related activities.

Resources

Similar Programs

Details

Release Date

September 14, 2020

Deadline

January 15, 2021

Organization

Farm Service Agency (FSA)

Financial Instrument

Grant

Maximum Award Amount

$250,000

Updated July 12, 2021

This information was gathered from public sources. Ambrook is not responsible for or able to affect the results of any financial programs listed, nor are they responsible for any incorrect information that is listed or is on the hyperlinked external sites. All information is subject to change.