[WASHINGTON/CHICAGO] President Donald Trump on Friday announced a US$19 billion relief programme to help US farmers cope with the impact of the coronavirus pandemic, including US$16 billion in direct payments to farmers and ranchers and mass purchases of produce, meat and other products. Read more at The Business Times.
President Donald Trump on Friday announced a US$19 billion relief programme to help US farmers cope with the impact of the coronavirus pandemic, including US$16 billion in direct payments to farmers and ranchers and mass purchases of produce, meat and other products.
"American agriculture has been hard-hit, like most of America, with the coronavirus, and President Trump is standing with our farmers and all Americans to make sure that we all get through this national emergency," US Department of Agriculture secretary Sonny Perdue said. The USDA in a statement said it will partner with regional and local distributors to purchase US$3 billion in fresh produce, dairy and meat to be distributed for food banks, churches and aid groups.
The agency said it will make monthly purchases totalling about US$100 million each of fresh produce, dairy products and meat products. Long lines have formed at US food banks in recent weeks as millions have become unemployed due to lockdowns to halt the spread of the coronavirus. The decision comes amid rising pressure from the US farm lobby for government purchases as growers and ranchers struggle to get their goods to market because of disruptions caused by the pandemic, forcing some to throw out supplies.
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