Battered Farmers May Get $250,000 Each in Trump’s Virus Bailout

He cites more farm aid provided than any U.S. president
Coronavirus relief package follows $28 billion trade bailout

Corn is planted in a field outside Henry, Illinois, U.S., on Monday, April 20, 2020. Corn and sugar futures tumbled to the lowest in more than a decade as the meltdown in crude oil cascaded through agricultural markets.Photographer: Daniel Acker/Bloomberg

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By Mike Dorning and Teaganne Finn

May 19, 2020 at 3:12 PM UTC

Updated on

May 19, 2020 at 11:00 PM UTC

This article is for subscribers only.

President Donald Trump announced rules Tuesday for a $19 billion coronavirus farm aid package covering a broad swath of U.S. agriculture that producers can begin claiming by next week.

Farmers who suffered a 5% or greater price loss will be eligible for direct payments of as much as $250,000 per person, the U.S. Department of Agriculture said in a statement.