Published 1 day ago • loading... • Updated 3 hours ago
Trump Administration Promises US Farmers $15 Billion in Weeks Before the Midterms
The aid follows program rollbacks and rising diesel costs, with the USDA saying the payments will help producers cover recent losses.
President Donald Trump's administration unveiled $15 billion in new funding for agricultural producers just days before the midterm elections, including $8 billion to offset surging diesel costs.
Rising diesel prices, which averaged $6.32 per gallon on Friday according to AAA, are 70% higher than one year ago, forcing producers to rely on government assistance.
Guaranteed loans for ranchers and fishermen total at least $5 billion, with $1.8 billion designated for conservation programs, $573 million for fertilizer manufacturing, and $57 million for meat processing expansion.
Mike Lavender, policy director of the National Sustainable Agriculture Coalition, called the funding 'a failing solution,' while experts characterized the programs as one-time bailouts failing to address systemic farm crises.
With President Donald Trump visiting Iowa and Kansas two days before the election, the administration hopes the funding motivates rural voters, though analysts note many producers remain frustrated by unresolved economic challenges.