President Donald Trump and senior officials said Monday that the administration will provide $12 billion in financial support for farmers, with the first $11 billion going to row crop producers before the end of February 2026.
Politics
USDA Reorganization to be Completed in 2026, Vaden Says
The Agriculture Department will complete a reorganization of more than half the current D.C.-based staff to five regional hubs across the U.S. by the end of 2026, Deputy Agriculture Secretary Stephen Vaden says on Agri-Pulse Newsmakers.
China Soybean Buying Deadline Now February, Bessent Says
China is on pace to meet its pledge to buy 12 million tons of US soybeans by the end of February, US Treasury Secretary Scott Bessent said on Wednesday, appearing to extend an earlier deadline for Beijing’s purchases.
Farmer Aid Announcement Coming Next Week, Rollins Says
Agriculture Secretary Brooke Rollins said on Tuesday that the Trump administration will announce a ‘bridge payment’ for farmers next week that is designed to provide short-term relief while longer trade and aid packages are finalized.
Experts Split on Whether China will Meet Soybean Purchase Pledge
China is expected to step up US soybean purchases to meet a pledge to buy at least 12 million tons by the end of the year, according to multiple traders, while farm Journal’s November Ag Economists’ Monthly Monitor found more than three-quarters (76%) of economists surveyed say China won’t purchase that amount of soybeans this year.
Farmer Aid Expected Within Weeks, Ag Secretary Says
The Trump administration expects to announce an aid package for U.S. farmers within two weeks and a deal on Chinese soybean purchases, U.S. Agriculture Secretary Brooke Rollins said on Monday, without providing further details.
US Soybeans Set for First Shipment to China Since May
Two cargo vessels were headed for grain port terminals near New Orleans on Monday to load with the first U.S. soybean shipments to China since May, according to a shipping schedule seen by Reuters. A third vessel was en route to a Texas Gulf Coast grain terminal to be loaded with China-bound U.S. sorghum in the coming days.
Trump Removes Tariffs on Brazil Beef & Coffee
President Donald Trump on Thursday removed his 40% tariffs on Brazilian food products, including beef, coffee, cocoa and fruits that were imposed in July to punish Brazil over the prosecution of its former president, Trump ally Jair Bolsonaro.
Farmer Tariff Aid Shrinking After Trade Deals?
The Deputy Secretary of Agriculture says trade deal negotiations during the government shutdown could impact the possibility of farmer assistance this year. During a call with reporters on Monday, Stephen Vaden said dynamics have changed since the end of September.
China Buys Nearly 1 Million Tons of US Soybeans
China bought at least 14 cargoes of U.S. soybeans on Monday, two traders with knowledge of the deals said, its largest purchase since at least January and the most significant since a summit between President Donald Trump and President Xi Jinping in October.
USDA Data Dump Shows Minimal Soybean Sales to China
New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the Trump administration touted last month after a high-stakes meeting between President Donald Trump and Chinese leader Xi Jinping.
Gov’t Shutdown Ends, Farm Bill Programs Extended
President Donald Trump late Wednesday signed into law a measure to end the longest-ever government shutdown after 43 days, fully fund USDA and FDA for fiscal 2026, and end a bitter legal battle over this month’s SNAP benefits.
China Buys More Brazil Soybeans as US Purchases Stall
China’s purchases of American soybeans appear to have stalled, less than two weeks after the US touted a wide-ranging trade truce that signaled thawing relations between the world’s two biggest economies. At the same time, China’s state trader COFCO’s oilseed unit said on Monday it has signed agreements to purchase Brazilian soybeans, soybean oil, palm oil and other agricultural products, with a total volume of nearly 20 million tons worth over $10 billion.
Farm Bill Extension Included in Senate Bill to End Shutdown
A new stopgap spending bill that would reopen the government includes a one-year extension of farm bill programs that were left out of a budget reconciliation bill earlier in the year. The continuing resolution would keep the government funded through Jan. 30.
China Buys US Wheat & Sorghum, Ends Some Soybean Import Suspensions
China has begun modest purchases of U.S. farm products after the leaders of both countries met last week, but traders still await significant soybean buys after the White House said Beijing pledged to buy 12 million tons by year-end.
Supreme Court Appears Skeptical of Trump Tariffs
President Trump’s global tariffs appeared to be on shaky ground after Supreme Court justices expressed skepticism during a hearing on Wednesday about his authority to impose sweeping measures on countries around the world.
Trump Admin Still Planning Billions in Farmer Trade Aid
The Trump administration plans to roll out an initial payment of up to $12 billion for farmers hurt by the president’s tariff policies once the government shutdown ends, according to three people familiar with the matter. The finalized amount will come on top of President Donald Trump’s recently announced truce with China.
SNAP Benefits Remain Set to Lapse on Nov. 1
Nearly 42 million people are set to lose food aid due to the second-longest U.S. government shutdown, as Democrats and Republicans in Congress continue to blame each other for a weeks-long legislative stalemate. Neither party was showing signs of changing its position days before funding for SNAP is set to lapse beginning on Saturday.
China to Buy 12 Million Tons of US Soybeans This Year, Bessent Says
Treasury Secretary Scott Bessent said China has agreed to buy 12 million metric tons of soybeans this year. For the next three years, the Asian nation has agreed to buy a minimum of 25 million tons annually, Bessent said on Fox Business.
China Purchases First US Soybeans of the Season
China’s state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country’s first purchases from this year’s U.S. harvest, shortly before a summit of leaders Donald Trump and Xi Jinping.