Sunday, April 14, 2024

USDA trade mitigation purchases surpasses $2B

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WASHINGTON — The USDA has announced that it has purchased more than $2.2 billion of meat, fruits, vegetables, specialty crops and dairy products in fiscal years 2019 and 2020 in its ongoing efforts to feed people in need and assist American farmers and ranchers suffering from damage due to unjustified trade retaliation by foreign nations.

USDA is on target to reach its fiscal year goal of about $1.4 billion of trade mitigation purchases in the next phase of fiscal year purchasing, which ends Sept. 30. The purchases were made through the Food Purchase and Distribution Program (FPDP), one of. . .

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