Trump approves second round of trade aid payments for US farmers 0 SHARES Share it! The agency had outlined the first round of payments in late August, and farmers were eagerly awaiting the second round. The USDA program includes an additional $1.2 billion in food purchases, and around $200 million to develop foreign markets, bringing the total estimated aid to just below $11 billion. CHINESE PURCHASESLast week, Chinese buyers purchased 1.13 million tonnes of U.S. soybeans in the first deal since the trade war with Washington began in July. China has been buying soy from Brazil instead of the United States during the trade war and typically buys from Brazil in the spring.

Source: Manila Bulletin December 18, 2018 00:00 UTC