Overview

• Reuters reports the administration could announce a farm bailout as soon as Tuesday, with an initial outlay of roughly $10–$15 billion targeting soybean and other commodity growers.
• Implementation is uncertain because direct payments are capped by law at $350 million, the USDA’s Commodity Credit Corporation has not been refilled, and a government shutdown hampers congressional action.
• China has not bought any U.S. soybeans in the 2025–26 marketing year and has shifted orders to Brazil and Argentina, intensifying pressure on U.S. prices and cash flow at harvest.
• National Economic Council Director Kevin Hassett said the White House is pressing alternative buyers worldwide and preparing strong support policies for farmers.
• A separate proposed $20 billion U.S. assistance package to Argentina has drawn bipartisan criticism as Argentina’s policy changes and sales to China undercut U.S. growers.