Perdue defends Trump’s trade policies and farmer assistance

Ag Secretary Sonny Perdue defended President Trump’s trade policies Thursday in a discussion with farm broadcasters.

Perdue said while those policies may have caused “some pain” at the time, they are now beginning to pay off.

“Now I think we’re seeing those trade policies result in prices that can be very sustainable for our farm communities,” Perdue said.

He also defended the administration’s use of ad hoc Market Facilitation and Coronavirus Food Assistance Program payments to farmers, saying it helped many of them “continue their livelihood—and not get so much in debt that they couldn’t get out”.

Perdue spoke during the virtual National Association of Farm Broadcasting Convention.

  • No “Pay Off” for me. I had to quit farming this year because of lose. Not ANY money left to pay the rent after the extreme high price cost of the production and huge negative basis at the elevator. I do not understand why the price was so low in august 2020 when I sold my stored soybeans. Investors monopoly?

    • It has been like that for years. Chinese news multiplied times 10 by investors can sometimes hang for years if no counter news to change it.

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