Your Money · Report · File No. 261101-402
Trump administration promises farmers $15 billion two days before midterms
The Agriculture Department has announced $15 billion in payments and programs for farmers in the final weeks of the campaign, as diesel runs $6.32 a gallon and rural races tighten. It is not clear when the money reaches farmers.
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President Donald Trump's administration has made $15 billion worth of promises to agriculture producers in the last few weeks of the midterm elections, according to The Associated Press 2. The initiatives are intended to help offset higher costs for diesel and fertilizer that farmers have endured largely due to his tariffs and the war in Iran 2.
Whether that will motivate more voters to turn out in agricultural states where traditionally Republican seats are now seen as competitive is unclear 2. It may explain his increased attention on rural areas, including visits Sunday to Iowa and Kansas, two days before the election 2.
Where the money is supposed to go
Of the $15 billion, more than half will go toward an $8 billion one-time payment plan for farmers buffeted by soaring diesel prices 2. The Department of Agriculture said it will release more details about the payments this month, and it is not clear when the payments will go to farmers, who rely on diesel for trucks, tractors and combines 2.
At least $5 billion was announced in guaranteed loans for ranchers and fishermen 2. An additional $1.8 billion in payments is for producers and landowners who participated in conservation programs, $573 million will go toward fertilizer manufacturing projects and $57 million is for expanding meat processors 2. For specialty crop producers, $86.6 million in grants will be awarded to innovative projects 2.
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On Thursday, the agency said it would purchase up to $472.5 million in agricultural commodities to support producers and give to charitable programs 2. Separately, the agency plans $13.8 billion in safety net program payments for eligible producers for the 2025 crop year, offsetting shortfalls for farmers who grow key crops such as corn, soybeans, wheat and rice 2.
Diesel at $6.32 a gallon
On Friday, diesel was averaging $6.32 per gallon, down slightly from its peak in September but 70% higher than the price a year ago, according to motor club AAA 2. Filling up a 100-gallon tank now costs $260 more than it did one year ago 2.
Gregg Ibendahl, a farm management specialist at Kansas State University, said he estimates the payments to "more than cover the increase in fuel costs," and that the money could help with high fertilizer prices 2.
That input side risk, I think, is the thing that really has hurt farmers this year, as well as the fact that there has been a lot more uncertainty about what’s going to happen in the world
Alexandra Middlewood, an associate professor of political science at Wichita State University, said she has heard mixed reactions from farmers, who are happy their business will survive this year but see these programs as one-time bailouts rather than a long-term solution 2. Cost of living and access to health care are top issues for rural voters, she said, and there is a perception the administration has not done enough to address these issues even as Trump boasts at campaign rallies about a booming economy 2.
Independent voters make or break elections
What happens next
The USDA said it will release more details about the $8 billion diesel-relief payments this month, but the timing of when checks reach farmers is not clear 2. Trump is scheduled to visit Iowa and Kansas on Sunday, two days before the election 2.
That matters because the aid is being announced in the final days of a campaign in which prices are a central issue, and the copy does not say when the money will actually arrive 2. The pattern is a familiar one in this cycle: a promise of federal help, a date still to be set, and a vote two days away.
The Record
- Trump announces action to help farmers and ranchers in the Oval Office, with Agriculture Secretary Brooke Rollins at his side 2.
- The Agriculture Department says it will purchase up to $472.5 million in agricultural commodities for charitable programs 2.
- Diesel averages $6.32 a gallon, 70% higher than a year earlier, according to AAA 2.
- The administration's $15 billion in farmer promises is reported two days before the midterm election, with Trump visiting Iowa and Kansas 2.
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Sources
- ABC News, “Trump administration promises US farmers $15 billion in weeks before the midterms” (2026-11-01). abcnews.com/Politics/wireStory/trump-administration-promises
- AP News, “Trump administration promises US farmers $15 billion in weeks before the midterms” (2026-11-01). apnews.com/article/farmers-ranchers-midterms-agriculture-pay
Found an error? Tell the newsroom. Corrections are noted at the top of the story.
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