No Trade Bailout The Trump Administration’s $12 billion economic assistance package to farmers is being framed by the media as a “bailout” for the adverse impact of the President’s tariffs and trade wars. But there is no adverse impact in most instances. Wheat prices have come down 5 percent as the domestic stocks-to-use ratio rose but that relates to a global rise in wheat output with U.S. wheat exports holding surprisingly steady. The USDA projected season average price of corn has fallen 4.7 percent, but that is due to a huge increase in the size of the domestic crop. Critics can say trade wars have adversely impacted demand for U.S. corn but exports are up 12 percent. The big problem has been China buying Brazili...