https://www.manitobacooperator.ca/daily/trumps-payments-to-farmers-hit-all-time-high-ahead-of-election/?utm_source=GFM+Publications&utm_campaign=5bb53972 68-Manitoba+Co-operator+daily+enews+Oct+20%2C+2020&utm_medium=ema il&utm_term=0_2da8244677-5bb5397268-88077149 https://www.manitobacooperator.ca/daily/trumps-payments-to-farmers-hit-all-time-high-ahead-of-election/?utm_source=GFM+Publications&utm_campaign=5bb53972 68-Manitoba+Co-operator+daily+enews+Oct+20%2C+2020&utm_medium=ema il&utm_term=0_2da8244677-5bb5397268-88077149
Chicago | Reuters — U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020.
The aid programs could be key to Trump’s chances of success in swing states such as Wisconsin, Ohio, Iowa and Minnesota. Such states are hotly contested because their population can swing either to Republicans or Democrats and play a decisive role in presidential elections. Farmers favoured the Republican president by a wide margin in the 2016 election.
With the latest $14 billion farm aid package announced in Wisconsin on Sept. 17, federal payments to farmers are expected to reach a record $51.2 billion this year (all figures US$). The government’s share of farmers’ net cash income will also rise to 39.7 per cent, the biggest in 20 years.
Chicago | Reuters — U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020.
The aid programs could be key to Trump’s chances of success in swing states such as Wisconsin, Ohio, Iowa and Minnesota. Such states are hotly contested because their population can swing either to Republicans or Democrats and play a decisive role in presidential elections. Farmers favoured the Republican president by a wide margin in the 2016 election.
With the latest $14 billion farm aid package announced in Wisconsin on Sept. 17, federal payments to farmers are expected to reach a record $51.2 billion this year (all figures US$). The government’s share of farmers’ net cash income will also rise to 39.7 per cent, the biggest in 20 years.
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