American Farm Bureau Federation President Zippy Duvall commented today on USDA’s announcement that it will release $10 billion in economic assistance for corn, soybean, wheat, cotton, rice and other field crop farmers, which was authorized by Congress in December.
“We appreciate Secretary Rollins for prioritizing delivery of the first $10 billion in much-needed aid. It will help farmers who are facing low commodity prices while wrestling with inflation, high interest rates and increased supply costs. For the third straight year, farmers lost money on almost every major crop planted.
“AFBF engaged with lawmakers to ensure they understood the challenges facing rural America, and we were pleased that aid for farmers was included in the December continuing resolution. We urge USDA to move quickly to distribute the remaining aid approved by Congress, including support for farmers hit hard by natural disasters.
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