Farm Income is Highest in Six Years, Due to Trump’s Trade-War Bailout

Fueled by $14.5 billion in Trump tariff payments, U.S. net farm income will climb to its highest total since the commodity boom crested in 2013 and a dramatic rebound from the plunge that accompanied its collapse, the USDA estimated.

When crop insurance indemnities are added to “direct farm program payments,” a category that includes trade war aid, land stewardship payments, and traditional crop supports, the government will provide an unusually high 31% of farm income this year… Read Full Article

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