Farmers prefer Trump do trade deals than hand them cash
July 26, 2018
DES MOINES, Iowa (AP) — Many farmers remain critical of President Donald Trump's tariffs and the damage done to commodity prices and markets but were appreciative Tuesday that he offered to provide some cash to help offset their losses.
The U.S. Department of Agriculture announced a $12 billion three-part plan that would borrow money from the U.S. Treasury to pay producers of soybeans, sorghum, corn, wheat, cotton, dairy, and hogs.
The USDA also will buy the surplus of commodities that would otherwise have been exported and distribute them to food banks and other nutrition programs. That will...
For access to this article please
sign in or
subscribe.
Reader Comments(0)