Some information has come out about how some of the $500 million would be distributed.
Around $100 million would be used to pay for a $10-per-acre incentive to farmers who double-crop soybeans and wheat.
And another $400 million would help fund a two-year increase in loan rates for American farmers, encouraging them to produce crops like wheat, rice, soybeans, sunflowers and canola.
The ag sector wants to be included in the congressional conversations to ensure farmer voices are represented.
The National Association of Wheat Growers wants to be involved with the process of helping the Administration “provide incentive payments through crop insurance to increase wheat production by encouraging U.S. farmers to double-crop wheat,” the organization said in a statement.
Farms.com has contacted members of the U.S. ag community for comment.