Northey: farmers should plan for better markets, not MFP

Northey: farmers should plan for better markets, not MFP

USDA Under Secretary for Farm Production and Conservation Bill Northey says farmers shouldn’t expect another market facilitation program payment this year.

“What I’m doing is encouraging producers to not plan on a 2020 MFP,” he says. “Plan for better markets here, plan for better trading situations, and certainly plant for the market.”

President
Trump has said more trade assistance would be available if needed, but Northey
says it’s not clear if it will be needed for the 2020 crop yet.