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
RFD NEWS Correspondent Frank McCaffrey was in Mission, Texas, where state and federal officials addressed growers and producers at a round table event hosted at a citrus grower’s facility. He shows us how welcome news was all around.
New Holland VP Ryan Schaefer shares insights into the brand’s legacy and innovations that support U.S. cattle producers.
Federal assistance has helped, but the most recent row-crop losses remain on producers’ balance sheets.
OOIDA’s Lewie Pugh discusses the EPA’s new Right to Repair guidance and other regulatory developments impacting the trucking and agriculture industries.
Tyler Schuster is an ag industry advocate who mentors and supports the next generation, especially women finding their place in the cattle industry.