This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

American soybean, meat, grains, food export groups among top recipients of federal trade mitigation payments

( January 31, 2019, 19:10 GMT | Official Statement) -- MLex Summary: The American Soybean Association, US Meat Export Federation, US Grains Council and the Food Export USA North received millions of dollars from the Agriculture Department's financial aid program, which aims to help domestic farmers and ranchers access to new export markets. The program is among the department's three trade mitigation initiatives retaliation. The soybean group's nearly $22 million was the top payment, followed by the meat export federation's nearly $18 million and the grains council's nearly $14 million. There were a total of 57 recipients of the payments. "This infusion will help us develop other markets and move us away from being dependent on one large customer for our agricultural products. This is seed money, leveraged by hundreds of millions of dollars from the private sector, that will help to increase our agricultural exports," Agriculture Secretary Sonny Perdue said in a statement. Statement follows below:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections