Economist: New Trump aid to farmers may be paid more fairly

U.S. Agriculture Secretary Sonny Perdue announced Thursday that it will pay another $16 billion in aid to farmers affected by the president's trade war with China.

Posted: Jul 26, 2019 5:37 PM

BISMARCK, N.D. (AP) - An agricultural economist says the Trump administration's decision to base new handouts to farmers hit by the trade war with China on how many acres they've planted might be a fairer way to distribute the cash than the previous per bushel payments.

U.S. Agriculture Secretary Sonny Perdue announced Thursday that it will pay another $16 billion in aid to farmers affected by the president's trade war with China. It comes after an $11 billion bailout Trump gave farmers last year.

The new aid shifts from paying farmers a per-bushel rate for affected crops to paying them by how many acres they've planted and their location.

Scott Irwin, a University of Illinois agricultural economist says the previous program heavily weighted toward payments to soybean growers and based on bushels, "didn't make any sense."

(Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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