Overview
- The administration plans a $12 billion package featuring about $11 billion in one-time Farmer Bridge Assistance payments to crop producers.
- The remainder of the funds will support commodities not covered by the FBA, according to a White House official.
- President Trump is set to announce the plan in Washington at an event with farmers alongside Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins.
- Authorities under the Commodity Credit Corporation will finance the aid, with the Farm Service Agency handling program delivery.
- The initiative follows depressed crop prices and export disruptions, with USDA data showing 2.25 million tons of U.S. soybeans sold to China since Oct. 30 after an earlier halt.