Trade and markets
 

Detail

Area
United States of America
Commodity Group
Rice
Commodity
All
Date
27/08/2018
Policy Category
Production
Policy Instrument
Production support, government procurement
Description
Laid out details of a USD 12 billion short-term support package to agricultural producers, in order to help them cope with losses incurred as a result of trade disputes. Under the measure, assistance for the rice sector would be channelled through the Food Purchase and Distribution Program, under which USD 48.1 million would go to purchase domestic rice, to be distributed under nutrition assistance schemes. Under two separate programmes, payments would be extended to producers of seven products (not including rice), while USD 200 million would be allocated to promote the development of new export markets for all US agricultural sectors.