$12B Bailout Package Called ‘Band-Aid’ for Michigan Farmers, and 4 Other Major Stories
Louisiana farmers must verify 2025 acres by Dec. 19 to qualify for payments capped at $155,000 under the $12 billion USDA aid program addressing market disruptions.
- Last week, enrollment opened for Louisiana farmers to apply for the Farmer Bridge Assistance Program to access a portion of the $12 billion one-time payments, Louisiana Agricultural & Forestry Commissioner Mike Strain said.
- As part of broader policy changes, the program aims to bridge support until October, responding to trade disruptions and rising costs, with President Donald Trump announcing a $12 billion aid package earlier this month.
- To apply, producers use the USDA online portal and local Farm Service Agency offices, must verify their 2025 acres by Friday, and have adjusted gross incomes under $900,000; payments release Feb. 28 and cap at $155,000 per producer.
- USDA Secretary Brooke Rollins said the program `ensures American farmers can continue to plan for the next crop year`, while Richard Fontenot praised the aid and some farmers called it a `band-aid`.
- Rising production costs are pressing many producers, prompting short-term assistance as administration officials said, `It is imperative we do what it takes to help our farmers`.
15 Articles
15 Articles
Michigan farm leader warns federal aid won’t offset losses
A farmer on a tractor sprays soybean crops. (Photo by Westend61/Getty Images) Farm industry leaders in Michigan and across the country say a new federal aid package announced last week, including $12 billion in one-time “bridge payments” to farmers, will not come close to offsetting mounting losses tied to trade disruptions and rising input costs. Michigan is home to more than 40,000 farms and nearly 10 million acres of farmland, and agriculture…
Trump’s $12 billion aid package for farmers is open. Here’s what to know in Louisiana.
WASHINGTON – Enrollment began late last week for Louisiana farmers of soybeans, rice, cotton and other row crops to receive a portion of the $12 billion one-time payments the federal government has set aside in response to market disruptions and…
Grassley talks farmer aid package
Speaking with the Cascade Pioneer as part of his Capitol Hill Report Dec. 8, as President Donald Trump was holding a press conference announcing a $12 billion aid package for farmers, Sen. Chuck Grassley said the package was similar to…
Lessons from the $12 billion bailout - The Iola Register
It’s not just farmers who should want answers. Every taxpayer has 12 billion reasons to ask the same questions: How did this happen? What are the lessons? Fred’s mother died from cancer. Her brother and sister did too, like their parents. Fred was in treatment; unsurprisingly, he inherited the cancer. Tragically, Fred died one week after his third radiation treatment. The police continue searching for the driver of the bus who, witnesses reporte…
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