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left-of-center2012

(34,195 posts)
Tue Jul 30, 2019, 11:43 AM Jul 2019

Majority of Trump's Trade Aid Went to Biggest Farms, Study Finds

More than half of the Trump administration’s trade-war aid for farmers went to just one-tenth of the recipients in the program, according to an analysis of payments by an environmental organization. One farm, DeLine Farm Partnership of Charleston, Missouri, has so far received $2.8 million in trade aid payments, according to the analysis.

Eighty-two farming operations received more than $500,000 each in payments through April under the U.S. Agriculture Department’s Market Facilitation Program, according to the Environmental Working Group, which analyzed payment records it obtained through the Freedom of Information Act covering $8.4 billion in payments.

While the initial set of trade aid was based on crops produced, the new aid payments are to be tied to the acreage planted, making more explicit “the bigger the farm, the bigger the government check,” the environmental group said. The environmental organization said the top 1% of farmers, consisting of huge corporate farms, were paid an average $188,000 while the bottom 80%, consisting of mostly family farms, averaged less than $5,000.

The Trump administration has announced a new $16 billion round of trade aid for farmers this year as the trade dispute with China continues.

https://www.yahoo.com/news/majority-trump-trade-aid-went-100000899.html

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Majority of Trump's Trade Aid Went to Biggest Farms, Study Finds (Original Post) left-of-center2012 Jul 2019 OP
I though socialism was evil? Takket Jul 2019 #1
Corporate socialism is always in vogue... Wounded Bear Jul 2019 #3
We used to call this, Wellstone ruled Jul 2019 #2
Folks with any brains knew this would be another blow to the family farm... Wounded Bear Jul 2019 #4
Is rural farming ranching America really still rural or is it corporate fiefdoms Thomas Hurt Jul 2019 #5
 

Wellstone ruled

(34,661 posts)
2. We used to call this,
Tue Jul 30, 2019, 11:50 AM
Jul 2019

farming the Government Programs. Reagan proved you can buy votes by doing similiar Farm Programs.

Wounded Bear

(58,571 posts)
4. Folks with any brains knew this would be another blow to the family farm...
Tue Jul 30, 2019, 12:10 PM
Jul 2019

gonna be another run on family farms selling out to BigAg.

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