Ag Secretary Sonny Perdue reiterated that they are not planning for another round of Market Facilitation Program payments.
President Trump said another round of MFP would be available if it’s needed, but Perdue says farmers should not plan on it.
“The MFP payments were a trade damage mechanism that we use through CCC to make up for lost income based on the inability to trade,” he says. “That was the concept and precept- it was never designed as a price support program.”
Instead, he says, farmers should…”In 2020, I’m telling you all to do what you do and plant for the market,” he says.
