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West Tennessee | I googled this the other day and came up with this:
"Following are details of the government’s plan and facts on the CCC:
The USDA said the $12 billion would be divided into three different programs, with more details available in coming weeks.
1. Direct payments to farmers of soybeans, sorghum, corn, wheat, cotton, dairy and hogs.
2. Purchases of foods including fruits, nuts, rice, legumes, beef, pork and milk for distribution to food banks and nutrition programs.
3. A trade promotion program to develop new markets."
Will be interesting to see how much is allocated to #2 & 3 and then how much is going to be allocated to all the crops/livestock? Sounds like not a lot filtering down to bushels of soybeans to me. I'm with the other poster and just let the markets be please.
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12 billion
