Summary
The article discusses challenges faced by American farmers and President Donald Trump's recent $12 billion bailout to support them. It highlights ongoing economic difficulties due to high costs and trade issues, suggesting that more comprehensive policies are needed to truly help small farms.
Key Facts
- President Trump announced a $12 billion bailout for farmers hit by trade tariffs.
- A new $700 million program aims to boost soil health and regenerative farming practices.
- Since 2020, costs for seeds, fuel, fertilizer, labor, and interest have increased significantly.
- The U.S. has lost about 160,000 farms from 2017 to 2024.
- Trade tensions have led China to buy more soybeans from Brazil and Argentina instead of the U.S.
- Farmers are struggling due to market dominance by a few large companies.
- Some bailout funds may end up benefiting big corporations rather than small farmers.
- Liability shields and reduced regulation are controversial, especially concerning agrochemicals.
