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Trump announces $19B coronavirus aid for farmers

Trump announces $19B coronavirus aid for farmers

Field Notes, powered by KPMG, is a weekly news update on news nationally and globally from the agri-food sector.

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Ian Proudfoot

Global Head of Agribusiness, Partner - Audit

KPMG in New Zealand

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[18 April, Reuters, NY Post]

USA President Donald Trump has announced a USD$19 billion (approx. NZD$31.3 billion) relief package which is aimed at helping farmers deal with the impacts of Covid-19 including USD$16 billion (approx. NZD$26.4 billion) in direct payments to producers and also mass purchases of meat, dairy, vegetables and other products which will be distributed to food banks, churches and aid groups. US Farmers have faced supply chain disruptions resulting in some being forced to throw out food.

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