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.
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President Donald Trump says a deal is nearly done on lowering beef prices, but he has not released details.
In a statement provided to RFD-TV News, a USDA spokesperson reiterated President Trump and the USDA’s commitment to farmers in difficult economic times.
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Lewis Williamson with HTS Commodities joined RFD-TV’s Market Day Report to share insight into what’s happening on the ground and in the markets.
“USDA can no longer keep wasting its time and personnel to deploy Commissioner Miller’s infamous traps, which USDA has deployed, tested, and has proven ineffective.”
