Bloomberg News is reporting the Trump Administration could announce the next round of trade assistance as soon as tomorrow. Agriculture Secretary Sonny Perdue has said the package will be in a range of $15-to-$20 billion. Bloomberg did not identify its source, but said USDA is considering payments of about $2 per bushel on soybeans, 63 cents per bushel for wheat and four cents per bushel for corn. Last year, the Market Facilitation Program rates were $1.65 for beans, 14 cents for wheat and a penny a bushel for corn. Other commodities will reportedly also receive compensation, but those details were not provided.
