The U.S. Department of Agriculture has announced the expediting of $10 billion in economic assistance payments to certain agricultural producers to mitigate increased economic headwinds faced in 2024. This funding, which provides a one-time payment to farmers of qualifying commodities facing economic hardship, was made available by year-end passage of the FARM Act sponsored by Reps. Trent Kelly (R-MS) and Julia Letlow (R-LA).
