Focus Continues On MFP 2 Situation

USDA Secretary Sonny Perdue did not offer up any new information on the Market Facilitation Program 2 (MFP 2) when he appeared in Florida and Georgia last week.

But the key continues to be whether prevent-plant acres will gain any coverage via the program.

Now the attention shifts to Tuesday with an appearance in Council Bluffs, Iowa, with President Donald Trump.

Perdue and USDA are also mulling how to implement some disaster bill provisions relative to prevent plant acres and language covering stored-grain provisions.

Meanwhile, USDA economists keep working on more details of the MFP 2 package that were not announced when the plan was initially unveiled.