Congress on Tuesday approved more than $4.1 billion in emergency aid to farmers hard hit by drought and falling crop prices.

Ending weeks of bickering over the size of the aid package, House and Senate negotiators agreed on a relief plan Monday to provide about $2.5 billion in disaster recovery funds and $1.65 billion direct payments to farmers. The funds will be added to the Department of Agriculture's $57 billion budget for fiscal year 1999, which begins next week.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.