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Report: Farm subsidies help state outpace the national average in income growth

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Wisconsin (WQOW) -- A new report shows many Wisconsin farmers got an income boost in 2019, thanks in large part to federal aid given to those hurt by retaliatory tariffs.

Pew Charitable Trusts compiled the report. It found that over the first three quarters of 2019, Wisconsin's personal income growth was 2.9%, slightly ahead of the national average of 2.7%.

Experts said the reason for Wisconsin is outpacing the national average has a lot to do with money received from the Federal Market Facilitation Program. FMP is a subsidy given to farmers to make up for hits they took from retaliatory tariffs.

Data shows that Wisconsin received $260 million from the program. In contrast, Iowas received $1.19 billion and Minnesota took in $807 million.

As News 18 has reported, Wisconsin agriculture officials hope the recently signed U.S.-Mexico-Canada Trade Deal will help farmers turn the corner in 2020.

Stephen Kelley

Stephen Kelley joined the News 18 team in August 2006. He is currently the Executive Producer.

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