AgweekTV: A conversation on trade aid with Sonny Perdue
Sonny Perdue admits the U.S. Department of Agriculture may need to make changes in the second round of trade aid payments, if they're needed. He sat down with Spencer Chase to talk about when and if that will happen.
Spencer: In an effort to lessen the blow of the ongoing trade war, USDA has already sent Market Facilitation Program checks to farmers and ranchers across the country for its first round of allocations. But Ag Secretary Sonny Perdue says the department might make some changes if it issues the second round of payments
Sonny: We're not smart enough to say we just nailed it perfectly the first time. But there again, you have to be very concerned about making iterative changes over everything that comes along. So we're trying to balance that and be very sensitive to people who have a reasonable discussion.
Spencer: One area for change might be the August 1st inventory requirement for hog producers. As for when a second round of payments might be sent out, Perdue says USDA hasn't decided yet.
Spencer: But Perdue says the Trump administration only plans to offer this assistance for producers in 2018.
Sonny: I don't think it's in anyone's best interest to send a signal that other than the farm safety net that we have out there and crop insurance, that this is anything more than a 2018 kind of issue. And the reason we felt compelled– the President talked about that – was these were things that were not contemplated when seeds were put in the ground in the Spring.
Reporting for AgWeek TV, Spencer Chase, Agri-Pulse.