trade relief

Industry Reaction to USDA Trade Relief Announcement

Dan Exports/Imports, Industry News Release, Trade

American Farm Bureau Federation President Zippy Duvall. “The Trump Administration’s agricultural assistance package is welcome relief to an economic sector that has been battered by foreign competitors and retaliatory tariffs. We thank the President for living up to his commitment to stand by our farmers and ranchers. While farmers and ranchers would rather earn their income from the marketplace, they …

net farm income

Round Two of Trade Mitigation Payments Coming from USDA

Dan Economy, Trade

The second round of trade mitigation payments will be coming to aid farmers and ranchers affected by the trade retaliation from other countries.  U.S. Secretary of Agriculture Sonny Perdue made the announcement today after being authorized by President Donald Trump.  It will be the final round of trade mitigation payments that were originally announced back in July in response to …

cash price

USDA Payments Expected After Labor Day

Dan Corn, Economy, Industry News Release, Soybeans

The Department of Agriculture (USDA) expects to send payments to farmers after the Labor Day holiday as part of a trade relief package. The $12 billion package is intended for farmers who have been affected by foreign tariffs on U.S. farm products, all in retaliation to President Trump’s trade agenda. A USDA spokesperson confirmed to the Hagstrom Report the department …