US to purchase $3 billion worth of farm goods from local growers next week


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US to purchase $3 billion worth of farm goods from local growers next week

On Saturday, the 9th of May 2020, the US President Donald Trump said in a tweet that the United States, the world’s No. 1 economy that has reported more than 30 million job losses since March 21st and has been facing off a soaring food crisis with unemployment rate rising to 14.7 per cent, would start off a purchase of $3 billion worth of diary, meat and other food ingredients from local growers as early as by next week.

Nevertheless, the US President’s Saturday’s (May 9th) remark did not mention whether his recently announced deal for the US farmers had been part of a $19 billion relief package stated last month by the US Department of Agriculture, when the federal agency was quoted saying it had been instrumenting a plan to purchase as much as $3 billon worth of farm goods from local farmers and crop-growers as a part of its $19 billion relief package for the US farmers.

Meanwhile, as US food banks appeared to be running out of stocks and the pandemic outbreak has been wreaking havocs on supply chains, leading to a lingering food crisis in the world’s No. 1 economy, the US President Donald Trump wrote in a tweet on Saturday (May 9th), “Starting early next week, at my order, the USA will be purchasing, from our Farmers, Ranchers & Specialty Crop Growers, 3 Billion Dollar worth of Dairy, Meat & Produce for Food Lines & Kitchens.