Another Farmer Bailout Could Be Coming
Soybeans are harvested on the Warpup Farm in Warren, Indiana, Wednesday, Sept. 17, 2025. (AP Photo/Michael Conroy)
Facing rising bankruptcies and plunging crop prices, American farmers may soon receive a multi-billion-dollar rescue package from the White House as President Trump moves to address the economic fallout from his trade policies. According to sources cited by the Wall Street Journal and CNN, the administration is considering a bailout for the agriculture sector that could reach $14 billion.
Officials are weighing two main approaches: using revenue from tariffs on imported goods or drawing from the Department of Agriculture’s Emergency Commodity Assistance Program, or a combination of both. Earlier this year, the administration tapped $10 billion from the same fund to support farmers.
Farm bankruptcies have surged to their highest levels since 2021, with soybean growers among the hardest hit. Once the nation’s top agricultural export, soybeans have seen demand collapse after China, in response to U.S. tariffs, imposed a 20% duty on the crop and turned to South American producers, including Argentina and Brazil.
With the harvest in progress and pressure mounting, farm groups are urging the administration to finalize a trade deal with Beijing. President Trump has pledged to “not let our farmers down” and is urging his team—including Agriculture Secretary Brooke Rollins and Treasury Secretary Scott Bessent—to act swiftly. An official announcement could come as soon as Tuesday, according to the Wall Street Journal.
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