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Posted on 10/08/2025 7:13:20 PM PDT by SeekAndFind
Washington — American farmers are having a tough year, in no small part because of President Donald Trump’s trade war. Now, the White House is gearing up to extend them a multi-billion-dollar bailout, sources tell CNN.
Surging costs and foreign retaliation from tariffs have hurt the US agriculture industry — as have immigration-related labor shortages and plummeting commodity prices. Farm production expenses are estimated to reach $467.4 billion in 2025, according to the Agriculture Department, up $12 billion from last year.
Farm bankruptcies rose in the first half of the year to the highest level since 2021, according to US courts data.
Trump’s policies have exacerbated those woes, from the deportation of the industry’s key migrant workforce to renewed trade tensions between the United States and China. And for traditional American crops, such as soybeans, the situation has grown particularly precarious.
“There’s no doubt that the farm economy is in a significant challenge right now, especially our row croppers,” Agriculture Secretary Brooke Rollins told reporters Tuesday. “So not just soybeans, although I think they’re probably the top of the list, but corn, wheat, sorghum, cotton, et cetera.”
Indeed, the US soybean industry has become the poster child of the farm economy’s plight in the first year of Trump’s second term. The president recognizes these problems, White House officials tells CNN, and has increased pressure on his administration to address them urgently.
Over the past few weeks, the White House has held a series of interagency meetings with the Departments of Agriculture and Treasury as they attempt to finalize a relief package for US farmers, the sources said. Discussions over the best way to aid the agriculture industry are ongoing, the officials said, but they have zeroed in on two options. The Wall Street Journal first reported the discussions.
(Excerpt) Read more at edition.cnn.com ...
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“from the deportation of the industry’s key migrant workforce”
Tons of people claiming to be “homeless” and in need of handouts and fwee housing.
Put ‘em on a truck and out to the fields. No excuses.
Farmers are more like democrats all the time. Never saw one at any time that did not have his hand out for a gimmie or that did not claim he is broke or struggling yet drives a new pickup. Not enough that they got well growing corn for crummy fuel or get some kind of relief payment for me st weather events. The local st of gimmies is long.
Not sure what the long term solution is...Pondering...
This is precisely what China does. It’s not a bailout, it’s protecting domestic interests from retaliatory trade policies. Trump should increase Chinese tariffs proportionally to the harm they are doing to our farmers.
If govt policies caused this problem, the govt has an obligation to make it right. The fact that they are growing the food we all need to live, makes this an easier decision.
The is the kind of BS propaganda one expects from cnn.
This is precisely what China does.
Fantastic. Nothing say patriotic American onservativism like mirroring Chicom policy.
Consider the source...
It’s not just China, many other countries do the same.
See my reply #9.
Sigh.
Don't China and Bill Gates also own much farm land?
You boys best do your homework. I know thats hard for some of you to do.
Study what the Benjamin Harrison retaliatory tarrifs did. The result was the 1893 depression which was only surpassed by the great depression.
And..Grover Cleveland got the blame. Similarity is that Cleveland did not serve consecutive terms. Just like another that is in officenow.
Less farms, less food. Lets see how well that goes.
Stupidity on grand display.
The Chicoms own hundreds of thousands of farming acres in the United States, do they get cash too? You know, a side business for the countless marijuana farms they own.
“massive”
Riiiight. Pittance compared to the checks written by autopen.
Paid for by DOGE savings.
they’re not growing the food we need, the were growing the soybean for china... yeah.... they choose poorly....
why? because they can always rely on gov’t bailout.
this is socialism, farmers needs put themselves up by their .. some sort of strap they use.
Tightwads.
US Treasury announces full-scale bailout for Argentina (20 billion)
"Secretary Bessent stated the US is ‘ready to do what is needed to support Argentina and the Argentine people"
“ So not just soybeans, although I think they’re probably the top of the list, but corn, wheat, sorghum, cotton, et cetera.”
Not much migrant labor, if any at all, is used for those crops. And simple seasonal agricultural visas can be used for the rest, since Americans won’t do ag jobs. No reason at all to think that expelling all illegals will be a problem.
The biggest problems for most farmers are ones caused by government - taxes, inflation, restrictions on water and chemical access, etc.
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