Ag community participates in live taping of "U.S. Farm Report" - WSIL-TV 3 Southern Illinois

Ag community participates in live taping of "U.S. Farm Report"

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CARBONDALE, Ill. -- The Trump Administration announced a plan to provide $12 billion dollars in aid to support farmers and others impacted by tariffs.

On the heels of farmers expressing financial stress with uncertainty surrounding commodity markets, producers and community members came together for the live taping of the "U.S. Farm Report" t.v. program at SIUC Tuesday. The show is scheduled to run this weekend. 

"What we hope people take away is an understanding that while we do have depressed prices in comparison to what we had a few years ago, there's still opportunity within the market," said Alan Hoskins, President of American Farm Mortgage & Financial Services.

American Farm Mortgage teamed up with Legence Bank and SIUC to hold the event.

SIUC Interim Dean of Agricultural Sciences Karen Midden stressed the importance of agriculture throughout southern Illinois and bringing round tables to campus with nationally recognized experts who can weigh in on various topics.

"It's very exciting and very appropriate and I think everyone is anxious to hear what their perspective is on what's going on currently with the tariffs," Midden said.

The event aims to help provide clarity for local farmers and agriculture professionals.

Earlier Tuesday, President Donald Trump announced a $12 billion plan to assist farmers hurt by his trade disputes with trading partners. He also tweeted "Tariffs are the greatest."

Experts said many farmers want to see free trade, not aid. 

Illinois lawmakers also responded. 

U.S. Congressman Mike Bost said, "This short-term relief program to boost our farmers and ranchers allows the Trump administration time to negotiate long-term trade deals that will benefit Southern Illinois' agricultural economy."

U.S. Senator Dick Durbin said, "Soybean farmers in Illinois tell me that since the start of the president's trade war, they've seen their crop value drop by 20 percent."

4th generation farmer Wayde Allard from Vergennes experienced drops in his prices. 

"The tariffs did of course lower the grain prices quite a bit, soy beans for example are $2 cheaper than they were two months ago," Allard said.

He said the $12 billion plan could help farmers raise the price per bushel, but a lot still remains unclear. 

Meantime, he hopes to take some insight from the round table discussion back to his farm.

"That way, we can plan for our future too," Allard said.

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