• Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release

Subscribe to Updates

Get the latest USA News and updates directly to your inbox.

What's On
Christina Applegate reveals she was misdiagnosed with multiple sclerosis: “Not happy at all”

Christina Applegate reveals she was misdiagnosed with multiple sclerosis: “Not happy at all”

October 20, 2026
Carrot Top Returns to Stage in Las Vegas After Alleged Suicide Attempt, Receives Standing Ovation

Carrot Top Returns to Stage in Las Vegas After Alleged Suicide Attempt, Receives Standing Ovation

October 20, 2026
Dashcam video captures small plane crashing on San Jose highway, injuring three on board, including child

Dashcam video captures small plane crashing on San Jose highway, injuring three on board, including child

October 20, 2026
Fox News Power Rankings: Trump country at a crossroads

Fox News Power Rankings: Trump country at a crossroads

October 20, 2026
Global ‘Chaos Inc’ grows to 101 groups with plans for new rounds of demonstrations

Global ‘Chaos Inc’ grows to 101 groups with plans for new rounds of demonstrations

October 20, 2026
Facebook X (Twitter) Instagram
Just In
  • Christina Applegate reveals she was misdiagnosed with multiple sclerosis: “Not happy at all”
  • Carrot Top Returns to Stage in Las Vegas After Alleged Suicide Attempt, Receives Standing Ovation
  • Dashcam video captures small plane crashing on San Jose highway, injuring three on board, including child
  • Fox News Power Rankings: Trump country at a crossroads
  • Global ‘Chaos Inc’ grows to 101 groups with plans for new rounds of demonstrations
  • Tilda Swinton to Make New York Stage Debut in MAN TO MAN Off-Broadway
  • Christina Applegate says she was misdiagnosed with MS
  • Airbnb could pay you if it rains too much on your holiday
  • Privacy Policy
  • Advertise
  • Contact
US Times MirrorUS Times Mirror
Newsletter
  • Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release
 Weather Login
US Times MirrorUS Times Mirror
Home » Trump announces $8B bailout for farmers to cover diesel cost surge amid attacks on global supply
Business

Trump announces $8B bailout for farmers to cover diesel cost surge amid attacks on global supply

staffstaffOctober 20, 20261 ViewsNo Comments
Facebook Twitter WhatsApp Telegram Pinterest Email
Trump announces B bailout for farmers to cover diesel cost surge amid attacks on global supply

President Donald Trump announced an $8 billion Harvest Fuel Relief payment to farmers this harvest season to offset rising diesel costs and other increased input expenses amid disruptions to the global energy supply caused by attacks from Iran and its terrorist proxies in the Middle East.

“And some more goodies — you know, I always heard that when you’re president, you have a little bit of an advantage, and I sort of see why now, actually, I sort of see why: Tonight, I’m also pleased to announce that the Department of Agriculture will be launching a new Harvest Fuel Relief program, providing our farmers with $8 billion in support to offset diesel costs during this harvest season,” Trump said at a rally at the Heartland Credit Union Arena in Park City, Kansas, near Wichita, stumping for Sen. Roger Marshall, R-Kan.

“And Roger Marshall is the leader who fought for that to happen. Roger got it to happen. Good job, Roger.”

USDA CREDITS TRUMP TRADE DEALS AS AGRICULTURAL DEFICIT SHRINKS, FARM SECTOR GAINS GROUND

Trump compared this farmer bailout fund to the $12 billion Farmer Bridge Assistance (FBA) program given earlier this year and the total of $28 billion given to farmers in his first administration, including $12 billion before the 2018 midterms.

“And when the Republicans win, we will pass even more funding for our farmers,” Trump continued. “We love our farmers.

“I just gave the farmers $12 billion, and in my first term, I gave them $28 billion, if you remember. And that came out of the tariff money from China. China paid it. It was a gift from China.”

DEMOCRATS REVOLT OVER TRUMP ADMIN’S $20B AID PLAN, CITING US FARM CRISIS

The USDA announced the $8 billion Harvest Fuel Relief program will provide proportional support based on modeled losses during the 2026 crop year. Payments will be calculated using planted acres, production-cost estimates, yields and prices.

Commodity-specific payment rates for major crops are expected to be released in November. The program will be administered by the Farm Service Agency and funded through the Commodity Credit Corporation Charter Act.

Trump also highlighted a recent executive order waiving the off-road requirement for red-dyed diesel, allowing farmers and truckers to purchase the fuel tax-free.

HOW MUCH DID TRADE WAR RELIEF COST DURING TRUMP’S FIRST TERM?

Ticker Security Last Change Change %
VLO VALERO ENERGY CORP. 433.31 -11.40 -2.56%
MPC MARATHON PETROLEUM CORP. 473.69 -4.38 -0.92%
CVX CHEVRON CORP. 224.37 -0.62 -0.28%
PSX PHILLIPS 66 290.55 -2.62 -0.89%
XOM EXXONMOBIL HOLDINGS CORP. 178.28 -0.70 -0.39%

“Even without that, as soon as that war ends, you’re going to see a plunge because there’s so much oil and diesel around,” Trump said.

The USDA said the program follows $12 billion in bridge payments distributed to more than 560,000 farmers earlier this year and nearly $14 billion in recent Agriculture Risk Coverage and Price Loss Coverage payments.

“President Trump is the most pro-farmer president of my lifetime, and he is continuing to put farmers first every day,” Agriculture Secretary Brooke Rollins wrote in a statement Monday. “Today, I am proud to announce alongside President Trump more targeted relief is coming to our farmers through the Harvest Fuel Relief program. This $8 billion dollar investment will help bring certainty to our farmers during this harvest so they can continue to feed our nation.”

Rollins, posting the rally announcement on X, hailed the move as “delivering critical support to farmers facing rising costs and market disruptions.”

“President Trump is putting FARMERS FIRST and delivering when they need it most!” she wrote.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram WhatsApp Email

Related News

Walmart rolls out new bundle combining Walmart+, Sam’s Club Plus

Walmart rolls out new bundle combining Walmart+, Sam’s Club Plus

FAA proposes 0K fine against charter company over unauthorized flights

FAA proposes $350K fine against charter company over unauthorized flights

Nearly 1.6M pounds of hot dogs, bacon and other meats recalled nationwide

Nearly 1.6M pounds of hot dogs, bacon and other meats recalled nationwide

 million CEO lectures America on income inequality

$32 million CEO lectures America on income inequality

Anthropic silent on whether it will distribute shares to Americans following Musk SpaceX pledge

Anthropic silent on whether it will distribute shares to Americans following Musk SpaceX pledge

LARRY KUDLOW: No leading Dems have condemned Senator Elissa Slotkin’s Bolshevik weaponization of Republicans

LARRY KUDLOW: No leading Dems have condemned Senator Elissa Slotkin’s Bolshevik weaponization of Republicans

Cedar Point Millennium Force roller coaster reopens after bracket falls from ride

Cedar Point Millennium Force roller coaster reopens after bracket falls from ride

Capitalism needs a newer pitch as socialism gains ground, economist says

Capitalism needs a newer pitch as socialism gains ground, economist says

 million CEO lectures America on income inequality

United Airlines CEO calls for national wealth tax, inheritance taxes approaching 100%

Add A Comment

Leave A Reply Cancel Reply

Latest News

Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Melbourne: All Refugees Held in Hotel Detention to be Released

Melbourne: All Refugees Held in Hotel Detention to be Released

January 11, 2021

Subscribe to News

Get the latest USA News and updates directly to your inbox.

Editor's Picks
Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
2026 © US Times Mirror. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?