WASHINGTON, Feb. 23 -- Commodity Credit Corporation has issued a rule called: Farmer Bridge Assistance (FBA) Program.
The rule was published in the Federal Register on Feb. 23 by William Beam, Executive Vice President, Commodity Credit Corporation.
Summary: The Commodity Credit Corporation (CCC) is issuing this rule to provide $11 billion in one-time bridge payments to American farmers in response to temporary trade market disruptions and increased production costs. Payments under the Farmer Bridge Assistance (FBA) Program are intended in part to aid producers until assistance from provisions in the One Big Beautiful Bill Act (OBBBA), notably increases in reference prices to major covered commodities, reach eligible famers after October 1...