House Ag Committee Chair GT Thompson says that the upcoming bridge payments may not be enough to make farmers whole. He warns that producers will likely need a lot more than the $12 billion headed their way.
In an interview with AgriPulse, Thompson says that Congress will need to provide $10 billion more. This would be in addition to the $12 billion in bridge payments due in February, funded through tariffs, to address losses for row crop farmers.
Thompson says that other sectors need help too like dairy, timber, and specialty crops.
Related Stories
National Pork Producers Council incoming president Rob Brenneman shares insights from the National Pork Industry Forum in Kansas City, where producers gathered to discuss Farm Bill policy, sustainability, and other priorities for the year ahead.
Partnership with U.S. Army Corps of Engineers Ensures Engineering Excellence and Operational Effectiveness
USDA Under Secretary Richard Fordyce says the department stands ready to provide technical assistance with the Farm Bill if Congress requests it.
Surging energy markets are quickly becoming a cost story for U.S. agriculture as crude oil climbs on supply fears tied to the Middle East conflict.
Strike risk adds volatility to already tight markets.
Fertilizer investigation may impact input costs and margins.