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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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.
Market analyst Kevin Huddleston said news of trade deals could rebound cotton prices in late fall, and producers need to be ready to strike deals.
Texas A&M 4-H Director Montza Williams joins for an update on the expected timeline for the program’s new facility and all the associated benefits.
