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
Sen. Deb Fischer, of Nebraska, mentioned that Congress pushing through year-round E15 sales will do more to help commodity growers than more farm aid, which is currently a reality.
Sen. Moran joins us to discuss the farm aid package and the financial reality faced by row crop farmers in his home state of Kansas.
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.
The new rule removes prevented-plant buy-up coverage, prompting strong objections from farm groups concerned about added risk exposure.
Tight Credit, Strong Yields Define Early December Agriculture
