'Another round' of MFP payments coming soon

USDA Secretary Sonny Perdue made clear that USDA will be announcing a second round of payments under the Market Facilitation Program to producers hurt by tariffs. He didn’t say when the announcement of another round of payments would be made. USDA officials had previously said it would be happening in December. The secretary adding that he wanted to allay concerns that the second round of trade-aid payments might not be made to U.S. producers.  Meantime, USDA is considering the possibility of adjusting direct payments to producers who’ve been hurt by the trade war. The adjustments may include factoring in hurricane damage after southeast U.S. producers were hit hard by hurricanes this year. A DTN report says Perdue asked USDA staff to look at the fact that they believe payments should be based on actual production and not country averages. “I think we’ve got to look at situations where people had good crops that were totally obliterated,” Perdue says in the DTN report. “These safety-net programs don’t factor that consideration into the equation.” 

 

title

Content Goes Here