USDA's Perdue talks more about farmer aid

USDA Secretary Sonny Perdue confirmed to Reuters in an interview that the aid package for U.S. farmers unveiled by the administration will see dollars start to flow to farmers by late September and into October.That matches the expectation when the plan was announced given that farmers have to harvest their crop or know what their production is before getting the payouts.And, he signaled that around $8 billion would be the amount paid out to farmers with another $200 million for trade promotion efforts.That would leave around $4 billion for the purchase of surplus commodities from the market for use in food/feeding and donation efforts.USDA is still developing the regulations to make the payments a reality, with a target date of completing that work by in August and Perdue signaled the start of signup could be around September 4 which would most likely mean for wheat producers and those in the southern U.S. that have already harvested their crops and know their actual production for 2018.