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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Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
According to the most recent version of the Household Food Security Report for 2022-2023, food insecurity is on the rise in the U.S.
