U.S. farmers could receive cash from Trump aid plan by Sept: Perdue

U.S. farmers could receive cash from Trump aid plan by Sept: Perdue

BUENOS AIRES (Reuters) - U.S. farmers could receive cash payments from a planned $12 billion aid package as soon as late September, United States Agriculture Secretary Sonny Perdue told Reuters on Saturday.

Perdue said in an interview on the sidelines of the G20 meeting of agriculture ministers in Buenos Aires that the plan would include between $7 billion and $8 billion in direct cash relief.

The aid plan, a response to retaliatory trade measures on U.S. farm exports, is intended only for the 2018 crop cycle, he said.

(Reporting by Hugh Bronstein; Editing by Sandra Maler)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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Updated Date: Jul 29, 2018 01:05:06 IST

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