"Donald Trump, having promised to NEVER LET OUR FARMERS DOWN, appeared to come through for them this month when he unveiled a $12bn aid package. Industry leaders say thousands of farms will still go bust this year. While the US president has vowed to increase domestic farm production, and even claimed this formed a big part of his plan to lower grocery prices for Americans, many US farmers are grappling with mounting financial issues compounded by Trump's agenda."
"Grain farmers, in particular, have been hit by trade disruptions caused by tariff hikes, and $11bn of the US Department of Agriculture's Farmer Bridge Assistance Program will go to row-crop farmers. Trump's trade war with China has hit soya bean farmers the hardest, as China bought 54% of US soya bean exports last year, according to the American Soybean Association."
A $12bn aid package was unveiled, with $11bn of the Department of Agriculture's Farmer Bridge Assistance Program directed to row‑crop farmers. Trade disruptions and tariff hikes have hit grain farmers, and soy farmers were hardest due to China purchasing 54% of US soy exports. Row‑crop farmers face rising input costs and lower crop prices, contributing to $34.6bn in losses for US crop farmers this year before insurance and support. Neither row‑crop nor specialty producers made money in 2025, and 2026 outlooks are bleak. Officials described the package as short‑term support while trade and farm safety nets are pursued.
Read at www.theguardian.com
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