By Todd Neeley
DTN Staff Reporter
OMAHA (DTN) — Farmers should see the third and final round of Market Facilitation Program payments in the bank by the end of the week, USDA announced in a news release on Monday.
The latest MFP payments come just weeks after the United States and China finalized a phase-one trade deal.
“It’s been a great start to 2020 for American agriculture with the signing of the historic phase-one deal with China and the signing of USMCA,” U.S. Secretary of Agriculture Sonny Perdue said in a news release.
“While these agreements are welcome news, we must not forget that 2019 was a tough year for farmers as they were the tip of the spear when it came to unfair trade retaliation. President Trump has shown time and again that he is fighting for America’s farmers and ranchers and this third tranche of 2019 MFP payments is proof.”