Farmers in the U.S. are facing significant financial difficulties as rising costs and lower commodity prices strain their operations.
The U.S. government is stepping in to provide some relief through a multibillion-dollar bailout included in a federal spending bill. Despite delays due to disputes over funding offsets, the bill has passed both the House and Senate and is headed to President Biden for approval. This bailout is intended to support farmers facing tough economic conditions, a scenario that has been familiar for decades, as the U.S. has long subsidized its agricultural sector.
