U.S. Agriculture Secretary Brooke Rollins (L) pictured in June next to U.S. President Donald Trump in the Oval Office at the White House, in Washington, D.C. On Monday, Trump will unveil a farm aid package with Rollins and U.S. Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins at a White House event joined by soybean, corn, rice, cattle, potatoes, sorghum and cotton farmers. File Photo by Ken Cedeno/UPI | License Photo
U.S. President Donald Trump will announce Monday a multi-billion-dollar aid package for American farmers, according to an administration official.
Trump will unveil the aid package with Treasury Secretary Scott Bessent and Agriculture Secretary Brooke Rollins at a White House event joined by farmers in soybean, corn, rice, cattle, potatoes, sorghum and cotton industry, according to USA Today, The Hill and CNN.
A White House spokesperson said Monday’s rollout reflected Trump’s “commitment to helping our farmers, who will have the support they need.”
It’s the latest effort to aid U.S. farmers negatively impacted by the president’s tariff policies and other factors, such as a drop in crop prices.
The package sets aside $11 billion in one-off checks for crop producers under the U.S. Department of Agriculture’s Farmer Bridge Assistance initiative, while another $1 billion is reserved for commodities that fall outside that program’s coverage.
“President Trump is helping our agriculture industry by negotiating new trade deals to open new export markets for our farmers and boosting the farm safety net for the first time in a decade,” stated White House spokesperson Anna Kelly.
In October, the administration announced that China would buy American soybeans, sorghum, and a slew of “other farm products.”
Last week, Rollins said the federal government would issue bridge payments to farmers.
“What you’ve been able to do is open those markets up and again, move toward an era where our farmers are not so reliant on government checks, but have the markets to sell their product. Having said that, we do have a bridge payment we’ll be announcing with you next week, as we’re still trying to recover from the Biden years,” she claimed.
The Agriculture Department confirmed Friday a half million more metric tons of soybeans, sorghum and wheat were being shipped to Chinese shores.
“We are going to create this bridge because, again, agriculture is all about the future, you’ve got to start financing for planting next year, when things will be very good,” stated Bessent Sunday.
