Wheat groups applaud release of final round of MFP payments

19162020-g.jpeg

On Monday, the USDA and Trump Administration announced the third and final tranche of 2019 Market Facilitation Program (MFP) payments aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations would be in the bank accounts of farmers by the end of the week.

The decision was welcomed by the National Association of Wheat Growers.

“NAWG welcomes today’s news from the Administration fulfilling the support program farmers who have been impacted by the U.S.-China trade war. The MFP payments will provide necessary assistance to growers impacted by low prices resulting in part from tariffs,” Chandler Goule, the group’s CEO said. “NAWG understands that the full benefits from the Phase One Deal with China will take time to be fully felt in the market. In the meantime, assistance through MFP is critically important given economic conditions in farm country.”