Final Round of Trade Aid to Farmers ‘Imminent’
U.S. Secretary of Agriculture Sonny Perdue reassured farmers recently that the third round of payments in the 2019 Market Facilitation Program (MFP) is coming.
鈥淚t鈥檚 imminent,鈥 he said of the payment, 鈥渁lthough you can define that how you want to in Washington, D.C.鈥
Perdue said this third tranche of a $16 billion aid package announced will be the last farmers should expect, because success on the trade front should restore farmer incomes in 2020.
Perdue spoke at the annual American Farm Bureau Federation convention last week in Austin.
鈥淲e know 2019鈥檚 been a pretty tough year,鈥 he told producers. 鈥淔arm disasters, unfair trade retaliation, low prices鈥攁ffected every farm in America. But you kept on keeping on and you persevered.
鈥淚n agriculture, we like to grow things and we would rather have trade than aid,鈥 he continued, citing a series of recent administration breakthroughs on trade. 鈥淪o, let鈥檚 sell stuff,鈥 he said. 鈥淥ur farmers are going to demonstrate to the world that we can grow a safe, healthy product the Chinese will love.鈥
Sources: Farm Progress, Reuters

