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 $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.
Tom Peterson with the New Mexico Cattle Growers Association says taxpayers are “unfortunate casualties” of this overlay now that the Mexican wolf population is stable under ESA guidelines.
Co-Bank Lead Dairy Economist, Corey Geiger, joined us on Friday’s Market Day Report for a further look at the drop in replacement heifers and the trend’s longterm impact on dairy producers and cattle prices.
