Agriculture support payments go higher and higher

Source https://www.foodpolitics.com/2019/09/21991/

As I’ve confessed many times, I have a hard time getting my head around how US farm policy works in practice.  Fortunately, we have Politico to help.

Politico Morning Agriculture, its not-to-be-missed daily newsletter, has a few gems on payments to agricultural producers under current farm policies.

Last ten years: farm payments have averaged $11.5 billion per year (the peak was $13.8 billion in 2018)

2019: payments are predicted to exceed $21 billion. How?

  • $14.5 billion in direct trade aid for 2019 production.
  • $11.5 billion in direct payments

Politico notes: These payments contradict “Trump’s <a href="https://www.politico.com/story/2019/06/11/trump-farmers-biden-1360965" target="…

Source https://www.foodpolitics.com/2019/09/21991/

As I’ve confessed many times, I have a hard time getting my head around how US farm policy works in practice.  Fortunately, we have Politico to help.

Politico Morning Agriculture, its not-to-be-missed daily newsletter, has a few gems on payments to agricultural producers under current farm policies.

Last ten years: farm payments have averaged $11.5 billion per year (the peak was $13.8 billion in 2018)

2019: payments are predicted to exceed $21 billion. How?

  • $14.5 billion in direct trade aid for 2019 production.
  • $11.5 billion in direct payments

Politico notes: These payments contradict “Trump’s <a href="https://www.politico.com/story/2019/06/11/trump-farmers-biden-1360965" target="…

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