Commodity Payment Rates for $11 Billion Farmer Bridge Assistance Program Announced
In late December, U.S. Agriculture Secretary Brooke Rollins announced the next phase of the Farmer Bridge Assistance Program , which provides monetary assistance to impacted farmers for certain commodities. This new phase includes the per acre payment rates for those commodities, including cotton, rice and wheat. According to the announcement, the $1 billion reserved for specialty crops and sugar remains under development, and details on how those funds will be distributed have not yet been finalized. Additional information is available on the U.S. Department of Agriculture Farm Service Agency website, here.
Staff contact: Erin Huston, ehuston@cfbf.com.
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