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Trump-era $12B farm aid disbursed, with row crop payments up to $48.11/acre, as China resumes soybean purchases.
Farmers across the country can now view their aid amounts under a $12 billion Trump administration package, which includes $11 billion for row crops: based on production costs, $30.88 per acre for soybeans, $44.36 for corn, and $48.11 for sorghum.
Although many farmers had already made planting and financing decisions, the aid, which is meant to offset losses from China's halt in buying U.S. crops following tariffs, is anticipated by late February.
Although appreciated, agricultural leaders emphasize the need for long-term market expansion because the payments are thought to be insufficient to cover growing input costs.
Under a new agreement, China has started buying soybeans again, committing to 12 million metric tons by year's end.
La ayuda agrícola de la era Trump de $ 12B desembolsada, con pagos de cultivos en fila de hasta $ 48.11 / acre, mientras China reanuda las compras de soja.