US President Donald Trump, one of the world's strongest countries, has announced a $ 19 billion bailout package for farmers affected by the Coronavirus crisis. President Trump said on Friday that under this relief package, farmers will be provided direct assistance of a total of $ 16 billion to increase their income. The government will spend three billion dollars for the purchase of meats, dairy products and other food items from farmers and livestock farmers. Financial assistance of $ 14 billion will be made available in July for further assistance to the Department of Agriculture.
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Donald Trump's government has given a bailout package of $ 28 billion for agricultural trade in the last two years. On the same lines, this scheme of putting direct money in the account of farmers and large-scale government procurement has been brought. The farmers and rural communities are very important from the political base of the Trump as they are going to face elections later this year.
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In the midst of the outbreak of the virus, the goods purchased under this scheme will be distributed among the poor, school students and the elderly under food bank and other programs. The closure of restaurants, school cafeterias and other commercial foodservice operations has affected the markets of agricultural products, especially dairy, meat and other products. The foodservice industry is a major buyer of cheese, butter, meat, fresh vegetables and fruits. According to the Dairy Farmers of America Cooperative, farmers are dumping eight percent of their milk production.