Trade Mitigation Payments

Nine U.S. Senators led by Michigan Democrat Debbie Stabenow are sharing concern over U.S. trade aid going to foreign companies.  With the administration using up to $1.4 billion to purchase commodities, the group said the USDA is allowing foreign companies to profit from the plan aimed to assist American farmers.  St...

Thursday’s disaster aid package rollout was good news for agriculture but many of the details are still uncertain.  The total aid amount could come in at $16 billion and will cover a wider range of crops than last year’s aid to farmers.  However, the a...

Bloomberg says the Trump Administration is about ready to officially announce another round of aid to help farmers hurt by the trade war with China.  The announcement could come as soon as Thursday.  People familiar with the plan say it could exceed $15 billion.  The aid...

The USDA said a trade mitigation package or what the agency called a farming support package, will be forthcoming shortly.   “One of our criteria is not to influence planting decisions,” said USDA undersecretary Bill Northy.  “So whatever w...

The Department of Agriculture has canceled trade mitigation program payments to Chinese-owned Smithfield Foods following industry complaints. Politico reported USDA canceled a $250,000 contract with Smithfield following public complaints that a Chinese-owned company would receive U...

Nearly $840 million in trade aid has been handed out to farmers from the Department of Agriculture so far this year. The payments stem from the trade mitigation package announced by USDA to help offset trade war loses for farmers. The package, worth $12 billion, has paid out $837...

During a recent stop in Kansas, Ag Secretary Sonny Perdue discussed the latest on the trade front with China. "I'm concerned we've become too dependent on a major customer there, that does not have our best national interest in their thinking...