Relief should soon be on the way for farmers.
The Trump Administration plans to roll out a plan early next month, a USDA official tells ABC News. Ag Secretary Brooke Rollins says farmers can expect the plan the first week of December.
“We’ve been able to really analyze, build our formulas around what is happening. We’re obviously in a different place today than we were a couple of months ago. Having said that, we expect to release and announce that the first week of December.”
This comes after several officials have told President Trump that producers need help amid his tariff plan.
Story via Kevin Shalvey, Alexandra Hutzler, and Ivan Periera with ABC News
Related Stories
Iowa land values dropped 3% year-over-year. Sen. Chuck Grassley said this discomforting pattern is a harbinger of crisis for farmers, as seen in the 1980s.
Jed Bower, the incoming president of the National Corn Growers Association, joined us for his sector’s perspective on the ongoing government shutdown.
Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
Expect firm demand for dependable HRS and SW, steady movement in HRW, more sorting on SRW, and selective bids on durum until full milling results are released.
Dr. Todd Davis, Chief Economist with the Indiana Farm Bureau, shares a snapshot of his state’s harvest conditions and insights from producers.