The $12 billion trade compensation announced by the USDA on Tuesday to help farmers and ranchers negatively impacted by the trade war isn’t adequate. South Dakota Farmers Union President Doug Sombke says the administration needs to do more to reimburse producers for their huge commodity market losses.

He says the impact of retaliatory tariffs continues to grow daily and the administration didn’t understand how negative the trade battle would be for agriculture.

Sombke says as a result, many farmers are on the brink of going out of business.

Sombke says the bail-out program sounds like a rerun of the failed plan put in place during the farm crisis and wheat embargo in the 1970s.