Louisiana farmers experiencing financial pressure from declining crop revenues and high input costs will receive federal assistance through a $12 billion program announced by the Trump administration.
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American farmers will receive billions of dollars from the Trump administration in the new year as they contend with trade wars, inflation and rising costs. But not all farms will benefit.
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From the docks of the Port of Santos, a 58-terminal complex covering an area the size of 1,500 American football fields, ships loaded with soybeans prepare to set sail for China.
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The USDA is forecasting that the agricultural trade deficit will shrink in 2026 more than previously anticipated. Agri-Pulse said USDA expects the trade deficit to drop from $43.7 billion in fiscal year 2025 to $37 billion in fiscal year 2026. That’s according to the Quarterly Trade Forecast published last Tuesday.
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At the White House earlier this month, President Donald Trump joined a roundtable of America’s farmers to announce $12 billion in bailouts. But when Meryl Kennedy, the 37-year-old CEO of her family’s Louisiana rice mill, spoke up to tell him that “the tariffs are working but we need to double down,” he was surprised: “You want more?” Trump asked.
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At a White House roundtable with farmers, a rice producer’s candid message stole the spotlight. Meet Meryl Kennedy, the rice producer who had a powerful message for President Trump last week.
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The 6th U.S. Rice Quality Symposium, a key part of the annual USA Rice Outlook Conference, was held here last week helping to ensure U.S. rice stays competitive by focusing on quality, innovation, and meeting specific market demands. This year’s event featured 20 rice varieties—many of which demonstrated the cooking characteristics preferred by the Latin American market.
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A new analysis shows Louisiana farmers were among the hardest hit in the country as U.S. agricultural exports to China sharply declined in 2025.
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United States Trade Representative (USTR) Jamieson Greer told lawmakers in Washington DC that the US has received the “best ever” offer from India. This comes as US negotiators initiated their two-day trade talks in New Delhi on December 10. He added that India has been a "difficult nut to crack," citing New Delhi's opposition to importing American agricultural goods.
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President Donald Trump has delivered on his promise to provide aid to U.S. farmers hit by his sweeping tariff policy, but that hasn’t freed the agriculture industry from worries of tight margins and volatile markets.
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US growers say the Trump administration’s US$12 billion (S$15.5 billion) aid package brings temporary relief, but is unlikely to kickstart a lasting recovery for the American farm economy.
President Donald Trump on Dec 8 unveiled a package to a key base of support that includes as much as US$11 billion in one-time payments to crop farmers who have been hit hard by his tariff regime and low crop prices.
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Congresswoman Julia Letlow released the following statement on President Trump’s announcement of $12 billion in support for farmers affected by recent economic and trade disruptions. Letlow introduced legislation in June that would equip the Trump Administration to support farmers suffering from trade-related losses.
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President Donald J. Trump alongside U.S. Secretary of Agriculture Brooke L. Rollins, U.S. Secretary of the Treasury Scott Bessent, Senate Agriculture Committee Chairman John Boozman (AR), Senator Deb Fischer (NE), Senator John Hoeven (ND), Representative Austin Scott (GA), and farmers from Arkansas, Iowa, Indiana, Kansas, Louisiana, Pennsylvania, Ohio, and Texas today announced the U.S. Department of Agriculture (USDA) will make $12 billion available in one time bridge payments to American farmers in response to temporary trade market disruptions and increased production costs that are still impacting farmers following four years of disastrous Biden Administration policies that resulted in record high input prices and zero new trade deals. These bridge payments are intended in part to aid farmers until historic investments from the One Big Beautiful Bill Act (OBBBA), including reference prices which are set to increase between 10-21% for major covered commodities such as soybeans, corn, and wheat and will reach eligible farmers on October 1, 2026.
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U.S. President Donald Trump will unveil a $12 billion aid package for American farmers affected by his trade policies on Monday, two White House officials said.
Farm groups and Republican farm-state lawmakers have sought the aid in part to support farmers with purchases of seeds, fertilizer and other expenses for next year's growing season. U.S. farmers have been saddled this year with record harvests and lost billions of dollars in soybean sales to China when the nation turned to South American suppliers this fall during stalled trade talks.
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Treasury Secretary Scott Bessent says China is making progress on its commitment to buy U.S. soybeans, hitting the “correct cadence,” with purchases expected to wrap by February 2026 — underscoring ongoing trade commitments and support for farmers.
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