The Trump administration is expected to announce a plan as soon as Tuesday to bail out U.S. farmers stung by trade disputes and big harvests, with the initial outlay potentially totaling up to $15 billion (C$20.9 billion), according to sources familiar with the matter.
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Trump bailout for trade-hit U.S. farmers expected this week
U.S. to support soybean farmers amid China lag, expect news Tuesday, Bessent says
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U.S. Treasury Secretary Scott Bessent said on Thursday the federal government would support American farmers in light of China’s refusal to buy U.S. soybeans amidst a trade war between the countries.
U.S. to support soybean farmers amid China lag, expect news Tuesday, Bessent says
U.S. Treasury Secretary Scott Bessent said on Thursday the federal government would support American farmers in light of China’s refusal to buy U.S. soybeans amidst a trade war between the countries.
Under Trump, U.S. cedes its share of China’s beef market to Australia
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Australian beef has replaced U.S. supply in China since President Donald Trump returned to the White House.
Under Trump, U.S. cedes its share of China’s beef market to Australia
Australian beef has replaced U.S. supply in China since President Donald Trump returned to the White House.
USDA plan to rebuild beef herd will not include producer payments, says farm secretary
The U.S. Department of Agriculture is developing a plan to revitalize the decimated U.S. beef herd, but will not offer payments to producers, Agriculture Secretary Brooke Rollins said on Thursday.
China trade envoy meets US Midwest delegation as agriculture exports loom large in talks
Senior Chinese trade negotiator Li Chenggang met political and business leaders from the U.S. Midwest. Analysts speculate the region’s food exports will be key to any U.S.-China trade deal.
Trump tariffs could fund bailout for US farmers, agriculture secretary tells Financial Times
The Trump administration is drawing up plans to use tariff revenue to fund a program to support U.S. farmers, the Financial Times reported on Thursday, citing agriculture secretary Brooke Rollins.
USDA considering economic aid for farmers this fall, says secretary
The U.S. Department of Agriculture is working with Congress to evaluate whether economic aid might be needed for the nation’s farmers this fall amid trade disputes and record-high yields, Agriculture Secretary Brooke Rollins said on Monday.
Corn diseases lurk in bumper U.S. crop, threatening yields
High levels of fungal disease like tar spot and southern rust are lurking in corn fields across the U.S. Midwest, threatening to reduce yields of a record-large crop and cause headaches for farmers during the autumn harvest.