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Trump Announces New Farm Support Payment Program

Trump Announces New Farm Support Payment Program


By Andi Anderson

President Trump announces a $12 billion plan to support farmers across the country who face rising costs, market changes, and ongoing inflation. The program aims to provide direct payments to help protect farm income and support rural communities.

The largest share of the funding, up to $11 billion, is set aside for row crop producers. These farmers grow crops such as corn, soybeans, wheat, oats, rice, barley, peanuts, cotton, sorghum, and sunflower seeds. The payments are part of the Farmer Bridge Assistance Program. This program offers short-term support to help farmers manage lower profit margins and higher costs for fuel, seed, fertilizer, and other inputs.

An additional $1 billion is reserved for crops not listed in the main program. These include specialty crops and sugar. Details on the timing and method of these payments are still in development.

Farm groups welcome the announcement. Leaders say many farmers face financial pressure due to low market prices and rising production costs. Some farms report reduced income, and financial stress remains high as producers plan for the next growing season.

“Indiana Farm Bureau is encouraged by President Trump’s aid package announcement for farmers yesterday, which comes at a time when margins are below breakeven for many crops, farm bankruptcies are on the rise and profits will be scarce going into 2026,” said INFB President Randy Kron. “This financial support for Indiana farmers will help offset losses and provide a bridge until farm bill enhancements from the One Big Beautiful Bill Act go into effect. We’re hopeful this will help stabilize the farm economy, sustain rural communities and maintain affordable food prices so Hoosier farmers don’t have to go into a new year with even more uncertainty.”

The new payments are expected to help farmers cover basic expenses, protect farm jobs, and support steady food supplies for families. The program also aims to provide relief while long-term policy updates move forward.

This support plan reflects a broader effort to strengthen rural economies, keep farms operating, and ensure food remains affordable. By offering direct help, the program gives farmers greater stability and confidence as they plan for the next season.

Photo Credit: istock-chas53

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Categories: Indiana, Crops, Corn, Soybeans, Wheat, Government & Policy

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