The second tranche of Market Facilitation Program payments will be made beginning today. Farmers will receive 25 percent of the total 2019 MFP payment. That’s on top of the 50 percent payment made earlier this year. Agriculture Secretary Sonny Perdue also shed some light on the third tranche of payments while speaking at the National Association of Farm Broadcasting convention on Friday afternoon. “If we get a trade deal, what are the expectations from the producer and what are the expectations for 2020? I think farmers said from the very beginning and I believe them that they want trade, not aid. I’m hoping we get a trade deal that moves the market in a very positive way.” The potential trade deal with China would increase U.S. agricultural purchases by twice as much as they’ve ever bought before. “We don’t want to have to rely on them (Market Facilitation Program payments) permanently; I’m not encouraging anyone to expect a 2020 payment.”
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