USDA entered the year with nearly $31 billion for financial assistance to farmers experiencing economic and natural disasters. Many are now wondering how payments will be calculated and distributed.
Executive Head of Terrain, John Newton spoke with RFD-TV’s own Tammi Arender on how these payments vary by crop, the timing of the payments, and what producers need to keep in mind.
Related Stories
The $221 million will help farmers and ranchers cover losses from Hurricane Helene that USDA programs didn’t cover. They’ll focus on infrastructure, markets, timber, and future economic losses.
Farmers are struggling with low commodity prices and skyrocketing input costs, resulting in debt that is outpacing income across the sector, according to the USDA’s new farm income forecast.