The $2 trillion stimulus package Congress has come up with contains funding for the USDA’s Commodity Credit Corporation. That should lead to a potential third round of Market Facilitation Program Payments. Nebraska Farmers Union President John Hansen says that would be one of the most important steps that could be taken to help a depressed agricultural economy .
He says there need to be adjustments to MFP and how its doled out. Hansen says the USDA has been criticized for the original way they handled the program so these changes will be needed in any third round of payments.
Hansen says agriculture really needs government aid at this time so a third MFP round would be critical.
The Senate passed the stimulus bill on Thursday.