Tag

Crop Subsidies

All articles tagged with #crop subsidies

USDA Announces $12B Farm Aid, Prioritizing Rice and Cotton Amid Soy Concerns
business1 month ago

USDA Announces $12B Farm Aid, Prioritizing Rice and Cotton Amid Soy Concerns

The USDA announced a $12 billion aid package for U.S. farmers, primarily distributing $11 billion in one-time payments based on crop type and acreage, with rice and cotton farmers receiving the highest per-acre payments. While intended to support farmers amid low crop prices and trade disruptions, soybean farmers argue the aid is insufficient to cover their losses, highlighting ongoing challenges in the agricultural sector.

USDA Announces Aid Rates for Farmer Bridge Assistance Program
agriculture1 month ago

USDA Announces Aid Rates for Farmer Bridge Assistance Program

The USDA announced the Farmer Bridge Assistance program rates for 2025, with rice and cotton receiving the highest per-acre payments, as part of an $11 billion effort to support farmers affected by trade disruptions. The payments aim to bridge the economic gap for farmers, but critics view them as insufficient and temporary solutions amidst ongoing agricultural challenges.