NCGA Action Alert: Another Penny for Corn Farmers Won’t Cut It
Rumor has it that the White House could make their trade announcement today. Please take action now to make your voice heard!
Last Friday’s announcement that the Trump Administration is increasing the tariffs on $200 billion worth of Chinese goods, and China’s retaliatory tariffs, could not have come at a worse time for corn farmers, bringing more uncertainty to markets and impacting commodity prices.
In an effort to ease this impact, the Administration is now pursuing a second round of trade assistance for agriculture with the intent of making an announcement in the next few days. As you’ll recall, the previous Market Facilitation Program (MFP) payment rate for corn farmers was just one cent per bushel.
On top of trade disputes and tariffs, EPA granting RFS waivers to oil refiners, devastating weather conditions, farm incomes on a downward trend, and crumbling infrastructure have all created a perfect storm for agriculture.
Tell the President that one penny won’t provide the market certainty that farmers need to stay afloat during these challenging times.
The White House must hear from you today! Please email or call the White House at 202-456-1414.