Sen. Grassley predicts many Iowa farmers will qualify for bailout program

Iowa Senator Chuck Grassley says the $12-billion farmer bailout program President Trump announced Monday is much-needed and he predicts a great many farmers in Iowa will qualify for it. Grassley says this is quite similar to the help the president offered farmers in 2020 when trade trouble with China impacted U.S. agricultural markets. Grassley says the program is for farmers who are facing severe losses due to high input costs, falling commodity prices, and international trade troubles. The Farmer Bridge Assistance Program will make payments available to farmers who raise 20 different crops, including corn and soybeans, with the checks expected in late February. Applications need to be in to USDA by December 19th.