WAWG
From agriculture.com
Last week the USDA officially announced $12 billion in bridge assistance for U.S. farmers to offset economic losses associated with low prices, high production costs, and trade disputes for the 2025 crop year. We provide estimates of what the bridge assistance payment rates could be for the larger acreage row crops, and incorporate the payment estimates for corn and soybeans into updated average farmer return estimates for regions of Illinois. Updated return estimates improve to slightly above breakeven levels for cash rent situations in northern and central Illinois, while return projections for southern Illinois in 2025 remain negative. We emphasize that the FBA payment levels used in these updates are estimates and that final payment levels, planned for release during the week of Dec. 22, will likely differ. Further note that 2025 farmer return projections are increased by government payments — both from ARC/PLC and farmer bridge payments — which will be received in 2026. Read the rest of the article here.