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 Jun 26, 2026

Trump seeks additional $11 billion in farm aid

U.S. President Donald Trump on Wednesday asked Congress to approve more than $11 billion in additional aid for farmers facing high fuel ​and fertilizer costs since the Iran war, according to a White ‌House supplemental funding request reviewed by Reuters.
 
The new funding would add to $12 billion in aid the administration has already disbursed to farmers this year, as the industry sags under high ​production costs and low crop prices, made worse by Trump's current ​trade policies and the war with Iran.
Farm and industry groups have ⁠said that money was key to helping farmers prepare for spring planting, but insufficient ​to make them whole.
 
Fuel and fertilizer prices have jumped this spring due to ​shipping disruptions from the Middle East, though flows have improved since Washington and Tehran hashed out an initial plan earlier this month to end the conflict.
 
Farmers are a loyal voting ​bloc for Trump, whose Republican Party will defend slim majorities in Congress in ​November's midterms.
Trump's approval rating among rural Americans fell in June to a new low of 50%, ‌down ⁠from 60% in February 2025, according to Reuters/Ipsos polling.
 
According to the funding request signed by Russ Vought, director of the White House Office of Management and Budget, $10 billion of the new aid would be allocated to row and specialty crop ​farmers for crops ​planted in 2026.
 
The ⁠remaining $1.1 billion would be allocated to Florida farmers affected by winter storms in late 2025 and early 2026.
If the White ​House request is approved, the administration would be forecast ​to send ⁠about $55.4 billion in direct payments to farmers this year, according to U.S. Department of Agriculture data.
 
That would comprise roughly 33% of total farm income in 2026, the highest ⁠level ​in direct payments since 2001, according to Wesley ​Davis, a partner at Meridian Agribusiness Advisors, an agricultural economics consultancy.
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