Secretary Rollins has said that farm aid is delayed while the government is shut down. On September 28th, the USDA reportedly transferred $13 billion dollars from the commodity credit corporation to Secretary Rollins’ office to fund an emergency aid package. At the cabinet meeting, Rollins said emergency payments cannot be released until the government reopens. She said once the shutdown ends, USDA will be ready with a significant program.
Sec. Brooke Rollins: Farmer aid will be held up until the shutdown ends
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China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
Lamb prices have seen a surprising surge driven by a tight supply and increasing demand in non-traditional markets.
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
