Agriculture Secretary Brooke Rollins said an announcement on a support package for farmers is imminent and could land at soon as this week. The Deputy Ag Secretary added that the payment plan would take into account recent changes in commodity markets.
The American Farm Bureau Federation (AFBF) warned last week that its analysis of the seven major crops indicate that five are set to see larger average losses this year. AFBF said rising input costs and export uncertainty is exacerbating the economic squeeze on producers and increasing the need for further assistance. Some farm program critics are pushing the administration to learn from the assistance programs implemented in Trump’s first term to improve efficiency and avoid overspending. In a letter to Secretary Rollins the critics said that any aid should be subject to strict payment limits and oversight.
“USDA should take prudent measures to direct aid to where it is needed most and avoid unnecessary spending or waste that could further exacerbate our fiscal outlook,” the groups argue.
