Ag Secretary Brooke Rollins is canceling the Biden-era USDA Climate Smart Program, calling it a “slush fund.”
It is being renamed and comes with major changes in how the money is spent.
Secretary Rollins says her Department went through the Partnerships for Climate Smart Commodoties program line by line and found farmers and ranchers were being left with little help after various fees. She has renamed the program the Advancing Markets for Producers initiative.
USDA will review any exisitng grants, making sure they meet certain critera. The largest being 65 percent of federal dollars must go to producers.
Rollins says the prior program was largely built as a “green new scam” that did not benefit American farmers.
Related Stories
The Sheinbaum–Rollins meeting signals progress, but the focus remains on fully containing screwworm before cross-border movement resumes.
Recent U.S.–China trade developments provided a small lift for soy markets, though most traders are waiting for concrete purchase data before making major moves.
According to Ag Secretary Brooke Rollins, the top three soy-crushing companies in Bangladesh agreed to buy $1 billion worth of U.S. soybeans over the next year.
A strong corn export pull is supportive of bids; soybeans need steady vessel programs or fresh sales to firm cash.
USDA will meet part of November SNAP benefits under court direction, citing insufficient funds for full payments.
An import lag for ground beef will likely look different than last year’s egg shortage. The difference comes down to biosecurity and market flexibility.
