Overview
- About $11 billion will flow as single payments to row‑crop producers through a new Farmer Bridge Assistance program, with roughly $1 billion reserved for other crops.
- The Farm Service Agency will administer the plan authorized under the Commodity Credit Corporation Charter Act, which allows the aid without a new congressional appropriation.
- Trump said the package will be financed by tariff receipts, describing the move as providing near‑term certainty for producers marketing this harvest and planning next year’s crops.
- Applications open in the coming weeks, with officials indicating eligibility will include an average AGI below $900,000 for 2022–2024 and acreage reporting by December 19, and payments scheduled by February 28, 2026.
- China has resumed buying U.S. soybeans since October but totals of roughly 2.25–2.8 million tons remain far short of the administration’s 12‑million‑ton goal, though Treasury Secretary Scott Bessent says purchases are on track by late February.