The U.S. Department of Agriculture (USDA) is not currently considering any further farm assistance beyond its recently announced $12 billion aid package amid low crop prices, high input costs, and trade disruptions, a senior agency official said.
Richard Fordyce, under secretary for farm production and conservation at the USDA, said the department is aware that the assistance will not fully stabilize the farm economy but is constrained by available funding. Still, Fordyce stopped short of ruling out future support, suggesting the administration will continue to monitor conditions and reassess in the coming months.
