News

Farmers in Illinois and Iowa receive largest trade aid payments

Farmers in Illinois and Iowa are projected to receive the most trade aid from USDA’s Market Facilitation Program.

Politico says Illinois growers are in line for $597 million in direct payments, and producers in Iowa should receive around $578 million.

The two states pace the country in corn and soybean production.

Payments in Minnesota, Indiana and Nebraska are also expected to be above $300 million.  The five combined states make up 45 percent of the first round of trade assistance.

Meanwhile, some commodity groups continue to challenge the methodology used by USDA in determining payments.

National Association of Wheat Growers (NAWG) CEO Chandler Goule tells Brownfield the agency assumed the U.S. would export additional wheat to China this year.

“We pushed back on that because historically China has made requests for U.S. wheat always between March and June.  Well, we are clearly a long ways from June.  We are already into September, and have sold zero bushels of wheat into China this year.”

Goule says he’s confident the U.S. will not export anymore wheat to China in 2018.  NAWG plans to meet with the Office of Management and Budget to verify that ahead of the next round of payments scheduled for December first.

 

 

 

 

Add Comment

Your email address will not be published.


 

stay up to date

Subscribe for our newsletter today and receive relevant news straight to your inbox!