"Upwards of $11 billion is set aside for the U.S. Department of Agriculture's Farmer Bridge Assistance program, which the White House says will offer one-time payments to farmers for row crops. Soybeans and sorghum were hit the hardest by the trade dispute with China because more than half of those crops are exported each year with most of the harvest going to China."
"The aid is meant to help farmers who have suffered from trade wars with other nations, inflation, and other market disruptions. The rest of the money will be for farmers who grow crops not covered under the bridge assistance program, according to the White House official. The money is intended to offer certainty to farmers as they market the current harvest, as well as plan for next year's harvest."
President Donald Trump plans a $12 billion farm aid package to support farmers struggling to sell crops and facing rising costs after tariff increases on China. The plan will be unveiled Monday afternoon at a White House roundtable with Treasury Secretary Scott Bessent, Agriculture Secretary Brooke Rollins, lawmakers, and farmers who grow corn, cotton, sorghum, soybeans, rice, cattle, wheat, and potatoes. Upwards of $11 billion will fund the USDA Farmer Bridge Assistance program offering one-time payments for row crops; remaining funds will support farmers growing crops outside that program. Aid aims to offset trade-war losses, inflation, and market disruptions and to provide certainty for current and next-year harvests.
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