President Donald Trump announced a new $8 billion Harvest Fuel Relief program aimed at offsetting diesel costs for Kansas farmers at a midterm campaign rally Monday night for Senator Roger Marshall and gubernatorial candidate Ty Masterson.
President Donald Trump announced $8 billion in Crop Fuel Assistance payments to farmers this harvest season to offset the increase in diesel and other input costs that have increased due to global energy supply disruptions caused by attacks from Iran and terrorist proxies in the Middle East.
“And some other things – you know, I’ve always heard that when you’re president, you have a little bit of an advantage, and I know why now, actually, I know why: Tonight, I’m also happy to announce that the Department of Agriculture will launch a new Harvest Fuel Assistance program, providing our farmers with $8 billion in support to offset the cost of Diesel Union,” said Trump to offset the cost of diesel harvests at the Heartland Arena. in Park City, Kansas, near Wichita, stumping for Sen. Roger Marshall, R-Kan.
“And Roger Marshall was the leader who fought for that to happen. Roger made it happen. Good job, Roger.”
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Senator Roger Marshall, R-Kan., lobbied for an $8 billion diesel inflation bailout for farmers, according to President Donald Trump, who announced at a midterm campaign rally on Friday night. (Julia Demaree Nikhinson/AP/AP Image)
Trump compared this farmer bailout fund to the $12 billion Farmers Bridge Assistance (FBA) program he gave earlier this year and the total $28 billion he gave to farmers in his first administration, including $12 billion before the 2018 midterms.
“And when Republicans win, we’re going to give more funding to farmers,” Trump said. “We love our farmers.
“I only gave farmers $12 billion, and in the first season, I gave $28 billion, if you remember. And that came out of tariff money from China. China paid. It was a gift from China.”
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The USDA announced the $8 billion Crop Fuel Assistance program will provide proportional support based on model losses through 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 that eliminated off-road requirements for red-dyed diesel, allowing farmers and truckers to buy the fuel tax-free.
HOW MUCH WILL TRADE WAR RELIEF COST DURING TRUMP’S FIRST TERM?
| Ticker | Security | Finally | Change it | change % |
|---|---|---|---|---|
| VLO | VALERO ENERGY CORP. | 433.31 | -11.40 |
-2.56% |
| MPC | MARATHON PETROLEUM CORP. Stock price history | 473.69 | -4.38 |
-0.92% |
| CVX | CHEVRON CORP. Stock price history | 224.37 | -0.62 |
-0.28% |
| PSX | PHILIPS 66 | 290.55 | -2.62 |
-0.89% |
| XOM | EXXONMOBIL HOLDINGS CORP. | 178.28 | -0.70 |
-0.39% |
“Even without that, as soon as the war is over, you’re going to see a plunge because there’s so much oil and diesel,” Trump said.
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 Agricultural Risk Coverage and Price Loss Coverage Payments.
“President Trump is the most pro-farmer president in my lifetime, and he continues to put farmers first every day,” Agriculture Secretary Brooke Rollins said in a statement Monday. “Today, I am proud to announce together with President Trump, more targeted relief will come to our farmers through the Harvest Fuel Relief program. This $8 billion dollar investment will help bring certainty to farmers this harvest so they can continue to feed our nation.”
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Rollins, posting a rally announcement at X, hailed the move as “providing critical support to farmers facing rising costs and market disruptions.”
“President Trump puts FARMERS first and delivers when they need it most!” he wrote.