Ag Intel

Wiesemeyers Perspectives / When Government Aid Falls Short: The True Cost of Farming Today

We tackle the severe cash flow crisis American farmers are experiencing despite billions in government aid. Current assistance programs cover only a fraction of losses, with soybeans facing nearly $2 per bushel shortfalls and aid offsetting just 37%. • Farmers will need another economic assistance package by year-end through either Congress or USDA

• The Commodity Credit Corporation (CCC) needs replenishment to function as USDA’s financial resource

• Three solutions identified: targeted trade deals, expanded food aid, and developing new uses for crops

• Mexico’s screwworm outbreak shows 53% increase since July, now threatening to approach US border ‘

• USDA sending teams to verify containment efforts as ranchers warn Texas infestation could cost $1.8B

• Agricultural exports forecast improved but still showing deficit for third straight year

• New tariffs on India (50%) and Brazil (50%) creating trade tensions and higher beef prices • USDA Secretary Brooke Rollins actively advocating for farmers at cabinet meetings

• Congressional agenda includes appropriations, Farm Bill 2.0, and potential early payments for 2025 crops

• USDA reorganization aims to relocate staff closer to agricultural communities despite DC resistance

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