Louisiana farmers get $180M in federal aid for tariff losses

Local

BATON ROUGE, La. (AP) — Louisiana’s farmers have collected more than $180 million from President Donald Trump’s multibillion-dollar bailout package for farmers hurt by the United States’ trade war with China.

The Advocate reports that U.S. Department of Agriculture figures show more than 75% of that aid went to Louisiana soybean farmers.

But some farmers say the program hasn’t been enough to cover their costs. They’re questioning whether they’ll continue to grow soybeans next year since the federal aid package isn’t offsetting all their losses.

Soybeans are a major agricultural product in Louisiana with a farm value of $800 million, second only to sugar cane.

China is the biggest buyer of American soy. The steep slump in soybean sales comes after China raised retaliatory tariffs for several U.S. agriculture products last year.

___

Information from: The Advocate, http://theadvocate.com

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Overcast

Abbeville

44°F Overcast Feels like 44°
Wind
0 mph
Humidity
93%
Sunrise
Sunset

Tonight

Partly cloudy. Low 57F. Winds SSE at 5 to 10 mph.
60°F Partly cloudy. Low 57F. Winds SSE at 5 to 10 mph.
Wind
5 mph S
Precip
10%
Sunset
Moon Phase
Waxing Gibbous
Overcast

Crowley

43°F Overcast Feels like 43°
Wind
0 mph
Humidity
98%
Sunrise
Sunset

Tonight

Partly cloudy skies early will give way to cloudy skies late. Low 57F. Winds SSE at 5 to 10 mph.
60°F Partly cloudy skies early will give way to cloudy skies late. Low 57F. Winds SSE at 5 to 10 mph.
Wind
6 mph S
Precip
20%
Sunset
Moon Phase
Waxing Gibbous
Broken Clouds

Opelousas

43°F Broken Clouds Feels like 40°
Wind
5 mph NNE
Humidity
99%
Sunrise
Sunset

Tonight

Partly cloudy early with increasing clouds overnight. Low 56F. Winds SSE at 5 to 10 mph.
60°F Partly cloudy early with increasing clouds overnight. Low 56F. Winds SSE at 5 to 10 mph.
Wind
8 mph S
Precip
20%
Sunset
Moon Phase
Waxing Gibbous
Clear

Breaux Bridge

46°F Clear Feels like 46°
Wind
0 mph
Humidity
93%
Sunrise
Sunset

Tonight

A few clouds. Low 56F. Winds SSE at 5 to 10 mph.
60°F A few clouds. Low 56F. Winds SSE at 5 to 10 mph.
Wind
6 mph S
Precip
20%
Sunset
Moon Phase
Waxing Gibbous
Clear

New Iberia

46°F Clear Feels like 46°
Wind
0 mph
Humidity
100%
Sunrise
Sunset

Tonight

Some clouds. Low 57F. Winds SSE at 5 to 10 mph.
55°F Some clouds. Low 57F. Winds SSE at 5 to 10 mph.
Wind
7 mph SSE
Precip
0%
Sunset
Moon Phase
Waxing Gibbous

Local News

More Local

Sidebar

Trending Stories