Area
United States of America
Commodity Group
Grains
Commodity
All
Date
23/05/2019
Policy Category
Consumption and marketing
Policy Instrument
Government market intervention
Description
Announced a USD 16 billion aid package for farmers affected by tariff retaliation. The package includes the Market Facilitation Program, which aims to provide USD 14.5 billion in direct payments to producers (including grain producers); a USD 1.4 billion Food Purchase and Distribution Program to purchase affected surplus commodities for distribution to foodbanks, schools, and outlets serving low-income individuals; and USD 100 million issued to the Agricultural Trade Promotion Program, to assist in developing new export markets on behalf of producers.
