# Ag Secretary Highlights Trade, Crop Surveys, Ag Labor Issues

> Agriculture Secretary Sonny Perdue said at the American Farm Bureau annual meeting that a third tranche of MFP payments is assured and imminent, with no date set. He said a 2020 MFP program is unlikely if trade deals take effect, and that trade benefits may take until summer or fall to appear.

- Date: 2020-01-21 · published 2020-01-21T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/55068-ag-secretary-highlights-trade-crop-surveys-ag-labor-issues
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expected government payments support farm incomes and may limit forced selling, but they do not add to export demand. Prices depend more on the pace of actual purchases under the trade deal.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-29 | [USDA Under Secretary Bill Northey Discusses Trade Aid Package \| Farm Policy News \| Illinois](https://feedsoft.ai/events/58074-usda-under-secretary-bill-northey-discusses-trade-aid-package-farm-policy-news.md) | -0.6% | -10.6% |
| CORN | 2022-04-07 | [USDA Secretary Vilsack makes trip to Mexico. Also talks CRP \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/41807-usda-secretary-vilsack-makes-trip-to-mexico-also-talks-crp-iowa-agribusiness.md) | -1.1% | -5.5% |
| CORN | 2021-06-09 | [India: Minimum support prices increased for monsoon crops 2021 - Global Trade Alert](https://feedsoft.ai/events/46517-india-minimum-support-prices-increased-for-monsoon-crops-2021-global-trade-alert.md) | -1.4% | -1.4% |
| CORN | 2022-04-11 | [Rail Labor Echoes NGFA Service Complaints - TTD](https://feedsoft.ai/events/41863-rail-labor-echoes-ngfa-service-complaints-ttd.md) | +2.0% | -2.3% |
| CORN | 2018-12-17 | [USDA Launches Second Round of Trade Mitigation Payments](https://feedsoft.ai/events/61569-usda-launches-second-round-of-trade-mitigation-payments.md) | +0.4% | +0.3% |
| SOY | 2018-03-26 | [Trade Issues Pose Farm Bill Challenges](https://feedsoft.ai/events/65984-trade-issues-pose-farm-bill-challenges.md) | +0.7% | -0.7% |
| SOY | 2021-04-13 | [Trase data highlights EU's role in deforestation - Insights - Trase](https://feedsoft.ai/events/47631-trase-data-highlights-eu-s-role-in-deforestation-insights-trase.md) | +4.9% | +17.2% |
| SOY | 2026-03-24 | [EU’s deforestation footprint highlights need for EUDR - Insights - Trase](https://feedsoft.ai/events/20173-eu-s-deforestation-footprint-highlights-need-for-eudr-insights-trase.md) | -0.3% | +0.9% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/world-policy/article/2020/01/21/ag-secretary-highlights-trade-crop

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
