Tuesday, May 21, 2019

A New Market Facilitation Program?

Lots of talk about a new and bigger program to compensate for depressed prices due to Trump's trade war with China.

Will it just be the MFP for 2018 updated for 2019?  Maybe, maybe not.  There's talk of including prevented planting because of the widespread flooding and the very slow progress of corn planting.  We'll see.

[Updated--see Clayton's piece.]

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