U.S. CONSIDERS PAYING $2 PER BUSHEL FOR SOYBEANS TO HELP FARMERS – BLOOMBERG
May 21, 2019
WASHINGTON, May 21 (Reuters) – The Trump administration is considering payments of $2 per bushel for soybeans, 63 cents per bushel for wheat and 4 cents per bushel for corn as part of a package of up to $20 billion to offset farmers’ losses from the trade war with China, Bloomberg reported in a Tweet on Tuesday.
President Donald Trump had directed the U.S. Department of Agriculture to work on a new aid plan for U.S farmers, among the hardest hit by the trade dispute between the United States and China.
(Writing by Humeyra Pamuk; Editing by Jeffrey Benkoe)