Connect with us

Montana

Montana federal farm subsidies for trade wars grow to $114M

Published

on

The U.S. is locked into trade wars with several nations and national groups, most prominently with China. WIKIPEDIA COMMONS IMAGE

ASSOCIATED PRESS

BILLINGS – Data indicates federal subsidies distributed to Montana farmers to offset losses resulting from U.S. trade wars have increased to more than $114 million.

The “Billings Gazette” reports subsidies issued in October pushed the value of 2019 payments to about $92.4 million, while the state received about $22.1 million in 2018 subsidies.

The Market Facilitation Program payment data was compiled by advocacy organization Environmental Working Group.

The subsidies are intended to soften the financial impact on U.S. farmers due to trade conflicts with China, Europe, India and Japan.

The Environmental Working Group ranks Montana 23rd in the nation for federal farm subsidies received.

Officials say wheat subsidies of $25.5 million were Montana’s largest category of federal relief.

The group says states receiving the most money are located in the Midwest.

Upcoming Events

may, 2020

Filter Events

No Events

Weather

Advertisements

Trending

X
X