Trump's $8 billion farmer relief fund comes "a dime too late and a dollar too short," farmer says
Channel: CBS News
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Read a transcript preview of “Trump's $8 billion farmer relief fund comes "a dime too late and a dollar too short," farmer says” from CBS News, uploaded on 2026-10-22.
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Language: English (original, YouTube automatic captions)
[0:00] The Trump administration plans to dole
[0:01] out $8 million in farmer aid. As we've
[0:04] been reporting, farmers have been
[0:05] severely hit by soaring diesel prices
[0:07] and other rising production costs. Now,
[0:09] the Department of Agriculture announced
[0:10] the launch uh a new harvest fuel relief
[0:13] program created to offset those diesel
[0:15] costs, but the Farm Bureau Intel is
[0:18] projecting farmers will sustain $31
[0:20] billion in projected losses for major
[0:23] row crops this year. And that's expected
[0:24] to rise to $32 billion next year. I want
[0:27] to bring in John Boy Jr. He's the
[0:29] founder and president of the National
[0:31] Black Farmers Association. Really
[0:32] appreciate you coming on the show today.
[0:35] Um want to ask you, I mean farmers,
[0:37] they've faced months of setbacks with
[0:40] supply and demand, frankly. I I mean