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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMajority of Trump's Trade Aid Went to Biggest Farms, Study Finds
More than half of the Trump administrations trade-war aid for farmers went to just one-tenth of the recipients in the program, according to an analysis of payments by an environmental organization. One farm, DeLine Farm Partnership of Charleston, Missouri, has so far received $2.8 million in trade aid payments, according to the analysis.
Eighty-two farming operations received more than $500,000 each in payments through April under the U.S. Agriculture Departments Market Facilitation Program, according to the Environmental Working Group, which analyzed payment records it obtained through the Freedom of Information Act covering $8.4 billion in payments.
While the initial set of trade aid was based on crops produced, the new aid payments are to be tied to the acreage planted, making more explicit the bigger the farm, the bigger the government check, the environmental group said. The environmental organization said the top 1% of farmers, consisting of huge corporate farms, were paid an average $188,000 while the bottom 80%, consisting of mostly family farms, averaged less than $5,000.
The Trump administration has announced a new $16 billion round of trade aid for farmers this year as the trade dispute with China continues.
https://www.yahoo.com/news/majority-trump-trade-aid-went-100000899.html
Takket
(21,578 posts)Wounded Bear
(58,670 posts)Wellstone ruled
(34,661 posts)farming the Government Programs. Reagan proved you can buy votes by doing similiar Farm Programs.
Wounded Bear
(58,670 posts)gonna be another run on family farms selling out to BigAg.