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The government model used to account for growers' losses may
factor in new tariff levels enacted against trade partners, such
as China or the European Union, according to the paper. It does
not state how much money could be directed to farmers, or how
such funds would be split up.
The aid package, originally announced at $12 billion in July,
includes cash payments for farmers of soybeans, sorghum, corn,
wheat, cotton, dairy and hogs.
The USDA said in August that its farm aid package would - in the
first part - include $4.7 billion in direct payments to farmers
to help offset losses from retaliatory tariffs on U.S. exports
this season.
It also includes $1.2 billion in government purchases of fruits,
nuts, rice, legumes, beef, pork and milk for distribution to
food banks and nutrition programs, as well as some $200 million
for a trade promotion program to develop new markets.
"The second part will be announced, if necessary, in December
and may account for other factors, such as new tariff levels,
regional basis effects, or other market conditions that may have
mitigated some of the trade damages," according to the paper.
(Reporting by Julie Ingwersen in Chicago; Additional reporting
by Mark Weinraub in Chicago; Writing by P.J. Huffstutter in
Chicago; Editing by Paul Simao)
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