Mega-farms get a sweet trade bailout

Los Angeles Times

“Rich farmers, not mom-and-pop farms,” will be the big winners in Trump’s $28 billion tariff bailout, said Michael Hiltzik. Soybean exports have cratered, thanks to the China trade war, and pork, corn, grain, and dairy producers are all worried anew, now that the president has announced plans to impose tariffs on Mexican imports next week. To cover most of their losses, Trump issued a $12 billion farm bailout last year and an additional $16 billion bailout last week. But most of that money will go not to the small holdings that account for 89 percent of American farms, but to large industrialized operations. Most of them are