Statewide Iowa (RI) – President Trump says the federal government will provide up to $12 billion in one-time payments to farmers being pinched by higher production costs and lower commodity prices.
Trump made the announcement during an event at the White House. Cordt Holub, a 4th generation farmer who raises corn, soybeans and cattle in Tama County, sat next to Trump.
U.S. Agriculture Secretary Brooke Rollins says the payments will be based on 2025 acreage reports that eligible farmers file with the USDA by December 19th.
The checks should be distributed by the end of February.
Iowa Farm Bureau President Brent Johnson says farmers are facing severe financial stress driven by high input costs and declining crop prices, compounded by a lack of global trade opportunities. He says the payments will be critical support for farmers while broader trade discussions continue.
Farmers who raise 20 different crops, including corn, soybeans and oats, will get $11 billion under the “Farmer Bridge Assistance Program.” The USDA will use the remaining billion dollars to help farmers who grow specialty crops and sugarcane.
KIWA Staff Photo
