Diesel Aid Could Push 2026 Government Payments to Farmers to Record $55 Billion
USDA’s recently announced Harvest Fuel Relief Program could “push US government payments to farmers in 2026 to $55.4 billion, based on USDA’s earlier net farm income forecast with $8 billion added to it. The highest previous aid year was $45.6 billion in 2020, driven by trade aid and pandemic payments.”
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USDA to Provide $8 Billion in Diesel Fuel Aid to Farmers
President Donald Trump said on Monday the US Department of Agriculture will launch what he called a new ‘harvest fuel relief program’ that will provide farmers with $8 billion in support to offset diesel costs during the harvest season …
ARC & PLC Payments to Hit Record $13.8 Billion for 2025
USDA’s Farm Service Agency estimates Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) will generate approximately $13.8 billion in gross payments to eligible agricultural producers for the 2025 crop year — the largest annual payout by far since the key safety …
China Buys First US Soybeans Since Trump-Xi Meeting
China has purchased more cargoes of US soybeans, extending a buying spree this week that marks its first acquisitions since the leaders of the two countries held a summit in late September. State-owned companies have booked at least 20 soybean shipments, equivalent …
EPA to Protect Biofuel Demand by Reallocating Small Refinery Exemptions
In a move aimed at protecting demand for ethanol and biodiesel, EPA Administrator Lee Zeldin used a trip to Iowa on Tuesday to announce a proposal to reallocate 770 million renewable fuel blending credits granted to small refiners by adding them to …
Judge Says USDA Reorganization Likely Violates Congressional Directive
The Agriculture Department has been ordered to halt its reorganization and relocation efforts by a federal judge who said the department had likely violated a congressional directive prohibiting it from spending money on the plan …
Trump Import Plan Bringing in Less ‘Affordable’ Beef Than Allowed
Beef imports under the Trump administration’s temporary tariff-rate quota fell well short of the first monthly allocation, limiting the amount of additional supply reaching the U.S. market, according to University of Arkansas economist James Mitchell …
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