USDA has suspended $500 million in food bank funding.
The Department says the previous Administration created unsustainable expectations for the Emergency Food Assistance program, pointing to spending authority under the Commodity Credit Corporation.
Senate Democrats are pushing back on the move, saying it would have a “significant and damaging impact,” according to AgriPulse.
Story via Rebekah Alvey with AgriPulse
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Despite the need for swift action, many ag lawmakers and industry groups argue that farm aid alone will likely not be sufficient to help farmers without improved trade relations with China.
SDRP Stage 2 now helps producers recover shallow, uninsured losses from major 2023–2024 disasters, with streamlined sign-ups open through April 30.
Corn exports remain strong, while soybeans and wheat shift week to week on river conditions and global demand.
AFBF Vice President of Public Policy and Economic Analysis, Dr. John Newton, explains the factors contributing to the growing financial strain in the ag sector and the urgent need for swift economic support.
According to November’s Cattle on Feed Report, Nebraska now leads the nation in cattle feeding as tighter supplies continue to reshape regional market power and long-term price dynamics.
