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America's Struggling Farmers Face Even More Uncertainty

America's Struggling Farmers Face Even More Uncertainty

Summary

Farmers in the U.S. are facing more uncertainty due to a government shutdown. The U.S. Department of Agriculture (USDA) has put several programs on hold, affecting payments and loans to farmers.

Key Facts

  • The USDA has furloughed employees and suspended some operations during the government shutdown.
  • Essential programs like food safety and wildfire prevention will continue.
  • No federal crop insurance or loans are available until funding resumes.
  • Farm debts and bankruptcies have increased due to low commodity prices and high input costs.
  • The immigration policies and tariffs have raised concerns about labor shortages and increased operational costs.
  • 42,256 USDA employees have been furloughed, causing further delays.
  • Data and trade negotiations important to farmers are on hold due to the shutdown.
  • Soybean farmers are affected by the halted trade with China, and are urging for a trade agreement to regain market access.

Source Information