InvestorQ : Why is the US government planning to purchase agricultural produce directly from the farmers?
Dawn Cherian made post

Why is the US government planning to purchase agricultural produce directly from the farmers?

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Dilmini Mercia answered.
1 year ago
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This was necessitated after China is non-committal on the $200 billion of agri purchases it had committed as Phase 1 of the Trade Deal. Trump has come out with a master plan to directly purchase $3 billion worth of agriculture, meat and dairy products from the farmers to arrest joblessness that has touched a high of 14.7%. The Coronavirus pandemic had badly disrupted supply chains with farmers forced to destroy their produce to avoid a sharp price fall.

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