Expanded trade aid for soybean growers
Story Date: 11/28/2018

 

Source: POLITICO'S MORNING AGRICULTURE, 11/27/18

As MA readers know, one of the side effects of Trump's trade war is a crop storage logjam from the Midwest to the Gulf Coast, as Chinese demand for soybeans has dried up. 

On Monday, Ralph Abraham, a Louisiana Republican on the House Ag Committee, unveiled legislation that aims to expand access to USDA's trade relief program for growers dealing with the storage backlog.


— The fix: His bill would essentially allow USDA to grant payments to producers based on acres planted, rather than acres harvested, if the secretary determines those producers were "discouraged or prevented" from harvesting because of market conditions.


























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