The Trump administration this week signaled a willingness to provide more trade aid to farmers if needed. However, Agriculture Secretary Sonny Perdue says the claims are untrue. While in Iowa, Perdue stated, “I’m afraid that’s not accurate,” adding it could be miscommunication, as reported by the Des Moines Register.
White House economic adviser Larry Kudlow told reporters Monday that the Trump Administration has allocated $12 billion for farmers, and that they “stand ready to do more if necessary.” Perdue has repeatedly ruled out any new trade aid for 2019. The Department of Agriculture this week extended the deadline to certify acres under the Market Facilitation Program to May 17.
The program has already paid producers more than $8 billion for losses that occurred in 2018 as a result of retaliatory tariffs from China. Perdue says the President has not discussed any further trade aid for farmers with him. Talks with China could conclude within the next two weeks, and a possible agreement may be signed in June.
In comments submitted to the Environmental Protection Agency, the Renewable Fuels Association Monday said it “strongly supports” the year-round E15 proposal. The proposal would extend the Reid Vapor Pressure waiver for fuels blended with 15 percent ethanol year-round. The waiver currently applies to E10 only during the summer months.
The Department of Agriculture Monday extended the deadline to May 17 from May 1 for producers to certify 2018 crop production for payments through the Market Facilitation Program. The trade relief program payments will be issued only if eligible producers certify acres before the updated May 17 deadline.
Ag industry lobbyists tell Politico that the industry appears to have come together to reach consensus on a potential fix to the shortage in farm labor. The lobbyists tell Politico that the potential fix would give workers a path to legalization for farm laborers currently in the country. It would also expand the H-2A foreign guest worker program to help make it easier for farmers to find the help they need to run their operations.
U.S. Grains Council staff members recently made a long trip to Saudi Arabia with the goal of promoting sorghum and other products to buyers and other end-users in the country. As the Saudi government continues to revise its subsidy rates, that could lead to more opportunities for U.S. sorghum or corn imports used for animal feed.
House Agriculture Committee Chair Collin Peterson of Minnesota is leading a trade mission to Central and South America. The Hagstrom Report says the delegation is scheduled to make stops in Brazil, Argentina, and Honduras. They’ll meet with agriculture leaders from the public and private sectors of each country.