USDA Explains Trade Aid Math

When USDA recently announced how much farmers would receive in “trade aid” payments, there was some controversy. While soybean farmers were largely pleased with their $1.65 per bushel allotment, there was a lot of unhappiness on the corn side where the relief being offered came to a penny a bushel.

USDA has been asked to defend its math, and yesterday put out information to explain how the calculations on payments were made. To get those details, go here: https://www.usda.gov/media/press-releases/2018/09/13/usda-details-trade-damage-estimate-calculations

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