Disaster aid is vital for many farms and ranches across the United States, but some are concerned with the timing of those payments, saying many farmers are left carrying a heavy burden.
Last December, Congress approved billions of dollars in disaster aid for farmers, but those checks did not start clearing until recently, with some producers having to wait until next month before that relief arrives. Economists at Texas A&M say crop protection tools are also failing, despite a big financial boost in the “Big, Beautiful Bill.”
Some producers are left with losses exceeding $100/acre, with ARC and PLC only covering 37 percent of that. They are calling for stronger trade deals and more ethanol markets to help keep farms afloat.
Related Stories
Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
Expect firm demand for dependable HRS and SW, steady movement in HRW, more sorting on SRW, and selective bids on durum until full milling results are released.
Dr. Todd Davis, Chief Economist with the Indiana Farm Bureau, shares a snapshot of his state’s harvest conditions and insights from producers.
Market analyst Kevin Huddleston said news of trade deals could rebound cotton prices in late fall, and producers need to be ready to strike deals.
Texas A&M 4-H Director Montza Williams joins for an update on the expected timeline for the program’s new facility and all the associated benefits.
