USDA plans to purchase 1.8M lbs of meat from JBS
The program is designed to support individuals and companies that are impacted by the ongoging trade wars with China and other countries. For purchases of commodities such as pork, USDA has announced the availability of funds adding up to $1.2 billion. The funds are destined for buying the surplus of products from farmers, including more than $500 million from pork producers, for distribution to food banks across the country.
The Brazilian-owned meat giant JBS will also sell $5 million worth of pork through this assistance program.
Trump's bailout program has sparked criticism from those who argue that the measure will enrich large and foreign-owned firms, as reported by Washington Post.
"USDA should not be sending money—directly or indirectly—to Brazil, the country that has benefitted the most from the President’s trade wars. In fact, because of our strained relations with China, Brazilian farmers have received a $2 price premium on their soybeans compared to American farmers," National Farmers Union President Roger Johnson said in a statement.
“Farmers Union strongly urges USDA to reject bids by companies owned by JBS to receive money from the trade aid program. This money should instead be directed to the American farm families struggling with depressed prices and lost markets because of the administration’s reckless trade strategy.”
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