On August 27, the U.S. Department of Agriculture (USDA) released details of the $12 billion package of aid to farmers hurt by retaliation resulting from the U.S. tariffs on Chinese goods. Wheat will receive 14¢/bushel.
In its release, NAWG stated that while “it appreciates the administration’s steps to hold China accountable for unfair trade practices but tariffs and the subsequent self-inflicted need to provide aid aren’t the answer. Farmers across the country want ‘trade, not aid,' especially wheat growers.”
U.S. Wheat Associates issued a similar statement which also comments on how the federal aid package invests in market development programs.
Read NAWG’s release here or click here for the U.S. Wheat Associates’ statement on the USDA package.
