President Trump is expected to announce an aid package this afternoon for America’s farmers and ranchers.
According to AgriPulse, the White House will unveil a $12 billion-dollar assistance package. USDA will create a Farmer Bridge Assistance program to help farmers deal with low crop prices and tariff retaliation.
The program will disperse $11 billion in one-time payments, and the rest $1 billion will go to commodities not covered.
Story via Oliver Ward with AgriPulse
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The total value of the U.S. potato crop was $4.60 billion in 2024, representing an 8% decrease from the previous year.
Crop-specific shifts and strong prices highlight the variability of this year’s fruit and tree nut harvest, according to USDA data.
The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.