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 WASDE/Crop Production combo will be the first full read on supply, demand, and yield that could move basis and hedging plans since the government shutdown more than a month ago.
China’s grain expansion model may be hitting its limit. Lower prices, high rents, and policy fatigue threaten future output — with ripple effects across global feed and oilseed markets.
U.S. Rep. Dusty Johnson (R-SD) shares his outlook on the developing U.S.-China Trade agreement, and the ongoing impact of the federal government shutdown—now stretching past four weeks—on rural communities and producers.
Rollins will also tour a small soybean operation in Iowa before her appearance at Lucas Oil Stadium.
Global agriculture is stabilizing after years of price swings, with flat to modestly rising returns expected as productivity offsets slower demand growth.
Export volumes remain positive year-to-date, but weaker soybean loadings and slowing wheat movement hint at early bottlenecks in global demand or river logistics. Farmers should watch basis levels and freight conditions as export competition heats up.
