With the phase one trade deal with China official, farmers are expecting more positive momentum in the markets. However, they shouldn’t expect an extension of the MFP, according to USDA Secretary Sonny Perdue.
On Wednesday, U.S. farmers got the news they had been fearing for months. China announced plans for retaliatory tariffs against American soybeans, the nation’s No. 2 crop. Farmers from across the Midwest comment.