USDA is expediting $10 billion to farmers through the Emergency Commodity Assistance Program.
The sign-up period is currently open with the application deadline set for August 15th.
Deputy Undersecretary Brooke Appleton joined RFD-TV’s own Suzanne Alexander to discuss the highlights with some of the payment rates for the main eligible commodities like corn, soybeans, and wheat, some of the eligibility requirements producers need to keep in mind, and her priorities for the department moving forward.
Related Stories
U.S. Secretary of Agriculture Brooke Rollins said permanent access to the higher ethanol blend would provide farmers with much-needed certainty while supporting domestic crop demand.
Larger grain stocks increase supply pressure, but strong fall disappearance — especially for corn and sorghum — suggests demand remains an important offset.
Record corn and sorghum crops boost feed grain supplies, while reduced soybean and cotton production tighten outlooks for oilseeds and fiber markets.
Lewis Williamson with HTS Commodities joined us to provide analysis on the January WASDE report and expectations for grain markets going forward.
Market reaction was bearish for corn and soybeans, with analysts noting that abundant supplies amid tepid demand could keep price pressure on agricultural commodities.
Protein markets are fragmenting. Beef is supply-driven and more structurally expensive, whereas pork and poultry remain price-competitive.
