Agriculture Secretary Sonny Perdue has unveiled what he has called his “playbook” of programs to help farmers hurt by tariffs. Gary Crawford has the details. Perdue Announces Plan to Help Farmers Hurt by Tariffs And as Gary Crawford reports, USDA’s program to help farmers hurt by trade disruptions also serves some other functions in the process. Plan to Help Farmers …
Higher Inventory and Tariffs Impacting Cattle Markets
The USDA released the Cattle Inventory, July Cattle on Feed, and July Livestock Slaughter reports last week. The Cattle Inventory report provides the first real estimate of the 2018 calf crop, as well as a look at how rapidly the U.S. cattle herd is increasing. The July first all cattle and calves number was one percent higher than last year, …
McMillan Encouraged by USDA Tariff Relief Program
The United States Department of Agriculture (USDA) unveiled a plan to remedy losses sustained by American agriculture producers due to retaliatory tariffs. The $12 billion package of aid is expected to create a short-term solution to the ongoing trade negotiations. According to USDA, the funding falls in line with the estimated $11 billion impact of retaliatory tariffs on U.S. agricultural …
Georgia Agriculture Commissioner Applauds Efforts to Assist Farmers Affected by Tariffs
Agriculture Commissioner Gary W. Black is applauding action taken by the Trump Administration to assist farmers who have been hurt by recent trade disputes. “We look forward to learning more regarding the assistance announced today,” Commissioner Black said. “We believe this is a good short-term solution for our farmers who have long-suffered from unfair trade practices from many of our …
Groups Comment on Farmer Aid Package
American Farm Bureau Federation The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “The $12 billion package of agricultural assistance announced by the administration will provide a welcome measure of temporary relief to our farmers and ranchers who are experiencing the financial effects of the trade war. This should help many of our farmers and …
USDA Assists Farmers Impacted by Unjustified Retaliation
U.S. Secretary of Agriculture Sonny Perdue announced that the U.S. Department of Agriculture (USDA) will take several actions to assist farmers in response to trade damage from unjustified retaliation. President Trump directed Secretary Perdue to craft a short-term relief strategy to protect agricultural producers while the Administration works on free, fair, and reciprocal trade deals to open more markets in the …
Senate to Hold Trade Hearing This Week
U.S. Trade Representative Robert Lighthizer will be the only witness to give testimony during a hearing this week before a Senate Appropriations Subcommittee. Lighthizer is one of the key Trump administration members at the center of the president’s trade strategy that’s led to retaliatory tariffs from China, Mexico, Canada, the European Union, and others. Many of those tariffs are hitting …
Farmers Express Frustration Over Trump Trade Tactics
American farmers are carrying the burden of trade tariffs put in place by President Donald Trump and they were in Washington this week to discuss it during a congressional hearing. Farmers shared concerns that included shrinking export markets, rising costs, and bankers who would be more reluctant to loan money for operating costs. Scott VanderWal, American Farm Bureau vice president, …
Navarro Discounts Trade War Impact on Ag
White House Trade Adviser Pete Navarro downplayed the impact tariffs are having on the ag economy, calling the impact of the trade war between the U.S. and China “a rounding error,” compared with either country’s economic output. “My point is that it’s much less disruptive than these headlines would suggest,” Navarro told CNBC. “It’s also much more constructive as we …
Farm Bureau Response to Navarro’s ‘Rounding Error’ Statement
The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “White House trade advisor Peter Navarro’s recent comments that the damage this trade war is doing to certain sectors of the U.S. economy, of which we all know includes agriculture, is little more than a ‘rounding error’ are out of touch with the pain our farmers …