Cattle up ↑37.6%. Grants, subsidies, and prices inside.
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National Edition · June 02, 2026

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Agriculture News

USDA announces enrollment and payment details for specialty crop aid

Capital Press

June 1–August 31 deadline to review USDA base acre increases through FSA. Payments for specialty crop assistance may start early June. Check your FSA office this week to see if you qualify—could mean higher payment acres going forward.

Auctions

Four major livestock auctions run the same day (Jun 02, 2026)—Shelby NC, St. Marys KS, Exeter MO, and Aberdeen SD. If you're selling cattle or hogs, compare what your neighbors get at each yard before you commit. Spreads can run $2-4/cwt depending on market timing and buyer mix.

Market Prices

Livestock as of 06/01/2026 (latest USDA data)

USDA HOGS (/ CWT) $93.83
CORN (/ BU) $4.10 ↓4.4% YoY
SOYBEANS (/ BU) $10.30 ↑3.0% YoY
WHEAT (/ BU) $5.01 ↓9.2% YoY
HAY (/ TON) $131.00 ↓9.0% YoY
CATTLE (/ CWT) $505.00 ↑37.6% YoY

Grants & Funding

Jun 05 deadline for three AMS marketing grants: Farmers Market Promotion, Local Food Promotion, and Regional Food System Partnerships. If you sell direct-to-consumer or want to build local sales channels, check your eligibility now. Jun 08 also closes for Specialty Crop Block Grants if that fits your operation.

Recent USDA Awards

County of Lincoln grabbed $191M for Emergency Watershed Protection—largest payout going out now. Wildfire defense grants ($23.1M available) and watershed work are actively funding. Check if your county or local government applied; you may benefit from improved infrastructure or erosion control work on your land.

Subsidy Payments

$16.2 billion in subsidies flowed to U.S. farmers last year, with top counties in Iowa, Illinois, and Minnesota pulling in over $100 million each. Check your county's total on USDA's website—your neighbors probably know what they got, and your margins may depend on understanding the full picture.

Drought Status

40% of U.S. pasture and rangeland now in severe drought or worse—up from 32% last week. If you're running cattle or claiming LFP payments, pull your current FSA records today to document conditions before the next program signup window closes. Drought severity affects both your insurance indemnity calculations and program eligibility determinations.

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Farm financial intel — data from USDA, Grants.gov, USASpending.gov. Not legal or financial advice.
© 2026 FarmGrant. Data sourced from USDA, Grants.gov, and USASpending.gov.