Trump Unveils New Ag Support: Loans, Looser Regulations

President Trump is hosting hundreds of farmers, ranchers, and business leaders at the White

House on Friday to unveil fresh support for American, agriculture workers.

He's spotlighting new rules to lower costs on farm equipment regulations, along with

bigger government loan guarantees for farm products.

Meanwhile, the Environmental Protection Agency is ramping up renewable fuels made from crops,

with updates to the fuel standard for 2026 and 2027 that require more biofuel blending.

Farmers have been hit hard by tariffs and rising costs from the conflict involving Iran,

which is limiting shipments through the strait of Hormuz, driving up gas and fertilizer

prices.

That key waterway carries one-fifth of the world's oil and nearly one-third of global

fertilizer trade, threatening supplies of nitrogen and phosphate.

Some plans to launch an enhanced loan guarantee program through the small business administration

for small ag operations following last December's $12 billion aid package that helped ease

earlier strains.

That's your update from Birmingham News Today, powered by AI.