Farm subsidies are poised to increase to $55.4 billion US ($78 billion Cdn) this year, provided politicians approve the current ask for $11 billion.
Brooke Rollins, U.S. Secretary of Agriculture, said this additional money is meant to be a springboard, not a new floor for government support.
The administration is requesting $10 billion in temporary economic assistance for 2026 row crop and specialty crop producers and $1.1 billion for producers hit by catastrophic freeze losses this past winter
If approved, that money would come on top of the $44.3 billion in government payments USDA’s Economic Research Service has estimated for farmers this year. Combined, that would total $55.4 billion.
Whatever happened to the Uruguay Round trade agreement to cap farm subsidies? Could Canadians impose countervailing duties - or at least threaten to do so as a counter to Trump's tariff threats?
