⁍ The U.S. Agriculture Department on Friday released details of a second round of COVID-19 aid for farmers.


⁍ It will pay up to $14 billion to growers of major crops such as corn, soybeans and wheat, as well as livestock, dairy and tobacco.


⁍ The new assistance follows a $19 billion relief program announced in April to help U.S. farmers cope with the impact of the virus.


– President Trump made a campaign stop in Wisconsin Thursday night, where he announced a $14 billion package of aid for farmers affected by the H7N9 virus, Reuters reports. According to the Washington Post, the H7N9 virus is believed to be the deadliest strain of avian influenza ever seen in the US. It has hit corn, soybean, wheat, and dairy farmers the hardest. The H7N9 virus is believed to have been brought back to the US from Mexico by Mexican farmers. The Trump administration announced a $19 billion relief program in April for farmers affected by the H7N9 virus. According to the Post, less than $10 billion of that has been paid out. The Trump administration announced a second round of aid Thursday for farmers affected by the H7N9 virus. According to Reuters, the second round of aid will pay up to $14 billion to growers of major crops such as corn, soybeans, and wheat, as well as livestock, dairy, and tobacco farmers. The government says major row crops such as corn, soybeans, and wheat were eligible for the relief program because the national average price for them fell at least 5% between mid-January and late July. Prices have rallied sharply since then, with a surge in buying from China pushing the soybean futures market Sv1 to its highest in more than two years.



Source: https://www.reuters.com/article/us-health-coronavirus-usa-farmers-aid/us-details-up-to-14-billion-in-new-aid-for-farmers-idUSKBN269261