Subsidies

The milk markets have spent the past few months responding positively to news of additional rounds of Farmers to Families Food Box Program. So, how could the market react without a government bid? Mike North weighs in.

In late August, (USDA) released details of rumored payments to farmers to offset market losses from the various trade wars currently underway. The payments are based on actual 2018 production, but only half, 50%.

The European Union joined China and five other WTO members in criticizing the Trump administration’s $16 billion assistance program for U.S. farmers, indicating the bailout may violate international rules.