Between low prices and talks of trade issues, Ag Secretary Brooke Rollins has promised to make farmers whole in the coming year, but she could take a unique approach to make it happen.
Sources tell AgriPulse that Rollins could use Section 32 under the Commodity Credit Corporation, which allows the Department to purchase extra commodities for feeding programs. However, it is written to also reestablish farmers’ purchasing power by making payments.
During the first Trump Administration, USDA used Section 5 authority. However, there is little money left unless Congress refills the account.
Related Stories
Lower shipping costs favor corn, while soybeans face pressure.
USDA Opens Base Acre Adjustments, Helping Farmers Secure Accurate Payments Based on Planting History
Farmers this year will finally be able to update their base acres with the USDA, something that experts warn must be done with complete accuracy.
Faster approvals could speed projects, but may face scrutiny.
Corn Inspections Lead Weekly Exports as China Reenters U.S. Grain Market, Resumes Canada Trade Talks
Strong corn and China-driven demand support the pace of U.S. grain exports. RealAg Radio host Shaun Haney discusses Canada-China agricultural trade talks.
This Final Rule adopts the changes introduced in the Interim Final Rule, consolidating seven agency-specific NEPA regulations into a single, department-wide framework, reducing the overall volume of regulations by 66 percent.
Rich Nelson with Allendale joined us to break down early planting progress, market expectations, and what producers should keep an eye on as the season moves forward.