USDA Announces Major Support for Farmers Amid Economic Challenges
The U.S. Department of Agriculture (USDA) has announced a significant support package for American farmers, aimed at helping them recover from economic challenges such as inflation, high input costs, and reduced export opportunities due to unfair foreign trade practices. The program, announced by Agriculture Secretary Brooke Rollins, includes $1 billion in bridge payments for commodities not covered under the existing Farm Bill Assistance (FBA) Program, such as specialty crops and sugar. These payments are authorized under the Commodity Credit Corporation Charter Act and will be administered through the Farm Service Agency. The initiative is designed to provide farmers with the necessary resources to plan for the next crop year, leveraging strengthened price protection and risk management tools, as well as fair trade deals.