Financial aid for seasonal crop farmers facing low prices due to imports.
This Act establishes a temporary pilot program to financially protect US producers of specific seasonal crops (like blueberries, asparagus, and squash) from losses caused by low market prices due to imports. Eligible farmers will receive direct payments if the national average price falls below a calculated reference price. The program aims to stabilize farmer income and will run for five years starting in the 2025 marketing year.
Key points
Farmers growing specific seasonal crops (asparagus, bell peppers, blueberries, cucumbers, squash) can receive payments if import competition drives down market prices.
Eligibility requires that at least 75% of the producer's income comes from farming, and their average adjusted gross income is below $5 million.
The program is temporary, scheduled to terminate five years after its enactment, with $200 million authorized annually for funding.
Status:
Expired
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