Perdue repeats, ‘don’t count on another MFP’, but some believe otherwise

Perdue repeats, ‘don’t count on another MFP’, but some believe otherwise

Ag Secretary Sonny Perdue, speaking this morning at the National Farmers Union annual meeting in Savannah, Georgia, repeated something he has said several times in recent days—that farmers should not expect another Market Facilitation Program in 2020. 

“My
answer is no—I don’t think you ought to expect a 2020 Market Facilitation Program,”
Perdue said.

He
says once China starts buying, prices should improve.

“I
think by late spring or summer we will start seeing this movement here—and we
believe the market will move.”

But
Minnesota Farmers Union president Gary Wertish isn’t convinced.

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