China-owned Smithfield Foods Eligible for U.S. Trade Relief

Dan Industry News Release, Pork

China-owned Smithfield Foods is eligible for payments under the $12 billion aid package for farmers. The Washington Post reports word of the eligibility has made smaller pork producers unhappy. The Virginia-based, but China-owned, pork company can apply for federal money under a program created this summer. JBS of Brazil is also eligible to apply. The Department of Agriculture announced the …

farm credit

Trade Aid for Farmers Could Start in Late September

Dan Economy, Industry News Release, Trade

The aid package announced to offset harm by the Trump administration’s trade policy for agriculture could be ready to go by October, according to Agriculture Secretary Sonny Perdue. While in Argentina as part of the G20 meeting of agriculture ministers, Perdue told Reuters the aid package could have payments reaching farmers by late September. The plan would include between $7 …