Farmers Could Need More Aid If Trade Deals Continue To Stall
According to Reuters, farmers might need a third round of government aid next year if trade deals continue to stall.
Farmers have been struggling to stay afloat this year as top U.S. soybean buyer China has curtailed purchases.
They're depending on other markets like Mexico and Europe to buy their agricultural goods instead.
American Farm Bureau Federation President Zippy Duvall said there's growing concern that U.S. farmers could potentially enter a third year with restricted access to key export markets.
So far, the Trump administration has pledged as much as $28 billion in support payments to U.S. farmers in two separate rounds.