by Emmitt Barry, Worthy News Washington D.C. Bureau Chief
(Worthy News) – President Donald Trump announced Monday that his administration will provide $8 billion in emergency assistance to American farmers struggling with soaring diesel prices and rising agricultural costs, offering relief during the critical fall harvest season.
Speaking at a campaign rally in Kansas, Trump unveiled the Harvest Fuel Relief Program, which will provide one-time payments through the U.S. Department of Agriculture (USDA) to help offset escalating fuel expenses.
The announcement comes as diesel prices have climbed above $6.30 per gallon nationwide, more than 70% higher than a year ago, largely driven by energy supply disruptions associated with the ongoing U.S.-Israeli conflict with Iran.
The USDA said payments will be distributed through its Farm Service Agency using a formula based on planted acreage, crop production costs, and estimated agricultural losses. Payment rates for major crops are expected to be announced in November.
Agriculture Secretary Brooke Rollins said the assistance would provide much-needed stability for farmers facing mounting financial pressures. USDA projections indicate farm production expenses will increase 4.5% this year, while fuel and oil costs alone are expected to rise nearly 30%.
The latest assistance follows a separate $12 billion agricultural relief package announced in December and an executive order earlier this month expanding access to tax-exempt diesel fuel.
The announcement also comes just two weeks before the November midterm elections, as Republicans seek to maintain congressional control amid growing concerns over inflation, energy prices, and economic uncertainty.
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