Agriculture secretary says more relief is coming, previews Trump's announcement

• President Biden is expected to announce further short-term relief for farmers today, specifically targeting high diesel prices.
• The G7's agreement to release 100 million barrels of crude oil, with a focus on refined diesel products, has already contributed to a 15-cent drop in diesel prices.
• China's '30 for 30' deal is seen as a significant win for American agricultural products (excluding soybeans, which are covered by separate agreements), boosting trade.
• USDA is implementing measures, including importing additional beef and supporting heifer retention, to address record-high beef prices and rebuild the U.S. cattle herd.

U.S. Agriculture Secretary Brooke Rollins discusses government efforts to alleviate high diesel prices for American farmers, including an upcoming presidential announcement and state-level tax relief. She also highlights positive agricultural trade with China, despite soybean tariff exclusions, and outlines USDA's strategies to address record-high beef prices and rebuild the domestic cattle herd.