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Commodity Credit Corporation

All articles tagged with #commodity credit corporation

economy2 hours ago•16 min saved

USDA Launches $8 Billion Harvest Fuel Relief Program to Offset Diesel Spike

The USDA announced an $8 billion one-time payment program for US farmers to offset soaring diesel costs during the 2026 harvest season. The initiative, authorized under the Commodity Credit Corporation, aims to provide relief ahead of the midterm elections. Payments will be distributed using a formula based on planted acres and crop types, with specific rates to be released in November. This follows earlier executive orders regarding dyed diesel and a previous $12 billion aid package.

via Yahoo Finance|

#agriculture #commodity-credit-corporation #economy

economy2 hours ago•1 min saved

USDA Unveils $8 Billion Harvest Fuel Relief Program Amid Rising Diesel Costs

The Trump administration announced an $8 billion aid package for farmers facing soaring diesel prices, framed as relief from market disruptions. The program, funded by the Commodity Credit Corporation, will reimburse losses based on planted acres and crop types. This follows a $12 billion bailout in 2025 and precedes the November midterm elections, where agricultural votes are pivotal.

via The New York Times|

#agriculture #commodity-credit-corporation #economy