Big farms find easy ways around Trump trade aid limits

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Big farms find easy ways around Trump trade aid limits
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An AP investigation reveals how farmers struggling under the financial strain of Trump's trade dispute with China were able to receive more than the capped payments allotted by the administration's $12 billion aid package.

of commodities: one for soybeans and other row crops, one for pork and dairy, and one for cherries and almonds. But each qualified family member or business partner gets their own $125,000 cap for each category. Farmers who produce both soybeans and hogs, for example, would have separate caps for each and could thus collect $250,000. But there are legal ways around those caps, and the data show that farmers are using them.

At Peterson Farms in Loretto, Kentucky, eight members of the family partnership collected a total $863,560 for crops they grow on over 15,000 acres in seven counties, including wheat and corn used at the nearby Maker’s Mark bourbon distillery. The numerous ways around the $125,000 caps mean that millions of subsidy dollars flow to “city slickers who are stretching the limits of the law,” said Scott Faber, senior vice president of government affairs at the Environmental Working Group, which has long tracked federal farm subsidy programs, and criticizes them as biased toward big producers and promote environmentally damaging farming practices.

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AP /  🏆 728. in US

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