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USDA information delays affect farm cash flow planning

Summary by Agweek

The U.S. Congress passed a continuing resolution in late December that included $10 billion in farm economic assistance to offset low commodity prices and $21 billion in disaster assistance to provide aid for farmers with losses from natural disasters in 2023 and 2024. Many Midwest crop producers are counting on receiving this extra income in 2025 to help offset the current tight margins in crop production. As of this writing, USDA has not yet r…

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oklahomafarmreport.com

USDA Secretary Rollins Releases First Tranche of Funding Under Review - Oklahoma Farm Report

On Thursday, U.S. Secretary of Agriculture Brooke Rollins announced that USDA will release the first tranche of funding that was paused due to the review of funding in the Inflation Reduction Act (IRA). In alignment with White House directives, Secretary Rollins will honor contracts that were already made directly to farmers. Specifically, USDA is releasing approximately $20 million in contracts for the Environmental Quality Incentive Program, …

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