We appreciate the $16 billion in trade aid announced last week by the U.S. Department of Agriculture. Although we certainly prefer free and open markets, the situation in the farm community is dire for many and the mitigation payments to our farmers will help those who have been negatively impacted by the retaliatory Chinese tariffs.
Tennessee Farm Bureau and American Farm Bureau continue to advocate for resolving these ongoing trade issues. The Market Facilitation Program (MFP) for 2019 is an appreciated stopgap measure for short-term relief.
In response to the current farm economy situation, Tennessee Farm Bureau sent a letter on the trade issue to President Donald Trump on behalf of farmer members last week, prior to the announcement of the trade assistance. In a show of Farm Bureau unity on the trade front, Zippy Duvall, AFBF President, delivered a large group of letters from state Farm Bureau presidents, including one from Tennessee, to the administration.