Bloomberg News reported on the relative effects of the Trump administration’s new $16 billion round of trade-war aid on farmers estimated by Senior Research Fellow Joseph Glauber. The article described the analysis, which found that payments to cotton and corn growers will increase dramatically while soybean growers’ payments will decline. Glauber was quoted saying that while most of the aid goes toward corn and cotton, the fact that trade-war aid increased by $4 billion since last year means that soybean growers will not be dramatically impacted.
New trade aid tilts toward corn and cotton, Analysis finds (Bloomberg)
July 31, 2019