The head of USDA says farmers shouldn’t expect the $12 billion aid package to make up for market disruptions caused by trade disputes.
“If a farmer sees a $2 drop in soybean prices, then they should not necessarily expect a $2 per bushel mitigation payment.”
Ag Secretary Sonny Perdue says the agency is trying to manage expectations of how trade relief payments will directly support farmers. “There are some things that go into this model aside from just trade disruption and we want to make sure that people don’t over estimate.
Continue reading Perdue: trade relief package won’t make farmers whole at Brownfield Ag News.