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
Related Stories
USDA Undersecretary Luke Lindberg told RFD-TV News that we can only guess what Congress will do down the road. Still, the USDA recognizes its responsibility to spend resources efficiently and effectively.
Tight feeder supplies and lower placements indicate continued support for the cattle market, with regional impacts heightened in Texas by reduced feeder imports.
Michelle Perez shares more about the American Farmland Trust’s resource to help farmers and producers plan soil health improvements.
Jeff Johnston with CoBank’s Knowledge Exchange explains the growing role of Rural America in supporting the nation’s digital infrastructure.
NRECA CEO Jim Matheson reacts to the U.S. House’s passage of the SPEED Act, which aims to streamline federal permitting for energy and infrastructure projects, and discusses its potential impact on rural communities.
Cattle markets are watching the Cattle-on-Feed Report for signs of tighter supplies, while USMEF warns limited China access is cutting producer profits.