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Source: PROGRESSIVE FARMER, 5/13/20
Market Facilitation Program payments were generally larger than the short-term price effects of the trade war, according to a new economic analysis by a pair of Kansas State University economists in a paper titled "Are Farmers Made Whole by Trade Aid?" While corn was a notable exception, ag economists Joseph Janzen and Nathan Hendricks found that for cotton and sorghum, the payments were substantially higher than the price damage inflicted by the trade war with China.
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