Criticism rolls in on Trump trade aid package
Story Date: 5/24/2019

 

Source: Jacqui Fatka, FARM PROGRESS, 5/23/19


Despite President Donald Trump’s desire to soften the blow to farmers from the trade war fallout, criticism of the lack of a long-term strategy was voiced on Thursday after limited details of the program add further uncertainty for farmers. The U.S. Department of Agriculture plans to allocate as much as $16 billion, including $14.5 billion in direct payments to producers through the Market Facilitation Program (MFP). Additionally, USDA has designated $1.4 billion for commodity purchases through the Food Purchase & Distribution Program as well as $100 million for the development of new export markets through the Agricultural Trade Promotion Program.

For more of this story, click here

























   Copyright © 2007 North Carolina Agribusiness Council, Inc. All Rights Reserved.
   All use of this Website is subject to our
Terms of Use Agreement and our Privacy Policy.