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US FARMERS TO RECIEVE RECORD GOVERNMENT PAYMENTS

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Manitoba_Rancher

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[Rcvd: 02/25/2005 - 14:58:36]

Farmers to Receive Record Government Payments

OMAHA (DTN) -- -- Just as attention is being focused on ways to cut the federal budget, USDA reports that government payments to farmers this year are predicted to hit a record-high $24 billion, largely as a result of expected lower commodity prices, the Washington Insider reported.

The previous record was $22 billion. Among the major categories of expected payments are counter-cyclical payments ($6 billion), loan deficiency payments ($4.8 billion) and ad hoc disaster payments ($3.9 billion).
 
A

Anonymous

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OH YEAH and the US doesn't subsidise its farmers. ............SURE
 

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