U.S. Farmers Eligible for Aid in September, Perdue Says
- $12 billion program will be paid out during soybean harvest
- EU will have to a find way to drive purchases of U.S. beans
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U.S. farmers will become eligible by September at the earliest for the first payments of a $12 billion subsidy program designed to shield them from a burgeoning trade war starting, Agriculture Secretary Sonny Perdue said.
“The mitigation payments will be eligible in September in some degree and into October and the fall,” Perdue said on the sidelines of an event at the U.S. Embassy in Buenos Aires. “It depends on when the farmer comes in and applies.”