net farm income

New Trade Aid Likely Days Away

Dan Economy, Industry News Release, Trade

Department of Agriculture officials say support for farmers dealing with depressed markets will be made available quickly. President Donald Trump has promised farmers $15 billion in aid following the latest round of tariffs implemented Friday. Speaking to farm broadcasters Tuesday, a slew of USDA officials discussed the new aid being prepared for farmers. USDA undersecretary for trade and foreign agricultural …

grassley

Grassley: No Trade Aid for Smithfield Foods

Dan Industry News Release, Trade

When it comes to just who is eligible for trade aid, Iowa Senator Chuck Grassley said Smithfield Foods shouldn’t be one of the companies which are eligible help. Smithfield is owned by Chinese conglomerate WH Group. Grassley took to Twitter and says, “Smithfield seems to be in a ‘can’t-lose’ situation thanks to American taxpayers.” A spokesman for the Iowa Republican, …