Some money previously frozen when President Trump took office will soon be released. USDA says it centers around conservation.
The money was tied up while officials reviewed spending from the Inflation Reduction Act. In a release, the Department says Secretary Rollins will release around $20 million already promised to farmers and ranchers. It centers around several conservation programs, like the Conservation Stewardship Program.
Rollins says they will honor those commitments to ensure American producers have the tools they need to remain competitive.
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The agreement formalizes coordination between the two departments to address security concerns affecting U.S. agriculture.
Strong corn exports offer support, while soybeans and wheat remain weighed down by ample global supplies, according to the USDA’s latest WASDE report for February.
