US Ag Secretary Says Market Disruption Payments In Planning Stages For US Farmers

Newton, Iowa (RI) — US Agriculture Secretary Brooke Rollins, who visited Iowa Monday, says the Trump Administration is planning another round of market disruption payments IF the tariffs the president announces on Tuesday lead to a downturn in ag exports.

[RIkayRollins1] :09 :announcements on that.”

Rollins, though, says there’s less money available for the payments than there were in the first Trump Administration when US ag exports to China fell due to a trade dispute.

[RIkayRollins2[ :24 :through these negotiations.”

The trade-related payments to US farmers during the first Trump Administration were spread over three years and ultimately surpassed 23 BILLION dollars. Rollins told reporters the president’s next set of tariff policies are still “to be determined,” but she’s begun planning for payments to farmers should the tariffs impact ag commodities.

[RIkayRollins3] :14 :in those negotiations.”

Rollins says Trump has believed for decades that America and its products and goods get a raw deal on the world stage and he needs to change that.

[RIkayRollins4] :15 :all of that out.”

Rollins was confirmed as US Agriculture secretary on February 13th, and she says expanding overseas markets for US meat and grain is one of her top priorities.

[RIkayRollins5] :08 :the government.”

Rollins visited an ethanol plant in Atlantic Monday Morning and toured a hog facility near Waukee Monday afternoon before making her way to Newton for a meeting at a hybrid seed company.

KIWA Staff Photo

Share:

Local News