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USDA expects deals on farmer aid, Chinese soy buys within weeks

November 26, 2025

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Business World Philippines

The Trump administration expects to announce an aid package for US farmers within two weeks and a deal on Chinese soybean purchases, US Agriculture Secretary Brooke Rollins said on Monday, without providing further details.

The administration of President Donald J. Trump has said for months that it would issue aid for farmers hit by low crop prices and trade disputes but has not yet issued any plan or amount for the aid. US farmers lost billions in soybean sales this year as top buyer China turned to Brazil and Argentina amid tense trade talks with Washington.

“We'll have an announcement probably in the next week or two on what that’s going to look like,” Ms. Rollins, the head of the US Department of Agriculture (USDA), told CNBC of the farmer aid.

The American Farm Bureau Federation said on Monday that the aid is “urgently needed” as farmers face the compounding pressures of higher input costs and lower crop prices.

المزيد من القصص من Business World Philippines

Business World Philippines

Business World Philippines

Industrial policy for the Philippines: The chip industry is a bright spot

Can the Philippines still be a major exporter of manufactured exports like the East Asian tigers? With all due respect to the contrary opinion, my answer is no.

time to read

5 mins

November 26, 2025

Business World Philippines

Flood probe clouds growth outlook

THE PHILIPPINES’ economic expansion is set to fall short of official targets through 2026 as a widening graft investigation into flood control projects weighs on public spending and investor confidence, according to Deutsche Bank Research.

time to read

3 mins

November 26, 2025

Business World Philippines

BSP, TransUnion set to develop credit education module for BELA

TRANSUNION has partnered with the Bangko Sentral ng Pilipinas (BSP) to develop and implement a credit education module for the BSP E-Learning Academy (BELA).

time to read

1 min

November 26, 2025

Business World Philippines

Business World Philippines

There's already a deal to beat dirty fossil fuels

A UNITED NATIONS climate summit has once again failed to strengthen a pledge made two years ago to transition \"away from fossil fuels.\" Instead, these dirty drivers of the climate crisis went completely unacknowledged in the weekend's COP30 agreement. It's disappointing, certainly, but a more ambitious outcome wouldn't have been much better.

time to read

3 mins

November 26, 2025

Business World Philippines

Business World Philippines

SM Prime reports 70% unit take-up at Hamilo

COSTA DEL HAMILO, Inc. (CDHI), a subsidiary of listed SM Prime Holdings, Inc., has sold around 70% of units in its Hamilo Coast development in Batangas amid sustained demand from the upscale market, a company official said.

time to read

1 mins

November 26, 2025

Business World Philippines

Over 60% of Filipinos targeted by financial scams, report says

OVER 60% of Filipino adults experience financial scams each year, with attempts happening nearly every other day and average losses per person amounting to nearly P12,000, according to a survey.

time to read

1 mins

November 26, 2025

Business World Philippines

Waller: December cut appropriate, but January action more uncertain

The job market is weak enough to warrant another quarter-point rate cut in December, though action beyond that depends on an upcoming flood of data delayed by the government shutdown, Fed Governor Christopher Waller said on Monday.

time to read

3 mins

November 26, 2025

Business World Philippines

Business World Philippines

Balanced energy, robust water systems crucial for economic growth — De Dios

MANILA WATER CO,, Inc. Chief Executive Officer (CEO) Jose Victor Emmanuel A. de Dios said a balanced portfolio of energy sources, supported by strong infrastructure, is essential for economic growth and attracting investment.

time to read

2 mins

November 26, 2025

Business World Philippines

PHL digital economy on track to hit $36B in 2025

THE PHILIPPINES' digital economy is set to hit $36 billion in gross merchandise value (GMV) this year, supported by rapid adoption of e-commerce, transport and delivery services, digital finance and artificial intelligence (AI), according to a report by Google, Temasek Holdings and Bain & Company.

time to read

1 mins

November 26, 2025

Business World Philippines

Peso weakens further to track yen’s drop

THE PESO dropped further against the dollar on Tuesday to follow the yen’s decline as markets expect the Japanese government to support its falling currency.

time to read

1 mins

November 26, 2025

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