Hart: Trade aid announcement will shape farm planning

May 20, 2019
News

Dr. Chad HartChad Hart, associate professor, was interviewed for the May 17 Bloomberg story, "Trump's trade war aid to farmers risks worsening crop stockpiles."


Chad Hart, a crop markets economist at Iowa State University, said the mere announcement of the trade aid will shape farmers’ planting decisions, even if the administration doesn’t provide details of its plan or payment rates soon.

"Right now I think a lot of farmers out there would be saying, 'I know the payments last year were heavily weighted toward soy. I'll bet the new program will look an awful lot like the old program, and I'll plant soy then,"' Hart said.

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