American Farmers First Act

This bill prohibits the use of a federal fund to provide financial support to Argentina's markets, including currency swaps or debt purchases, with existing contracts requiring termination within 7 days. It redirects funds from this prohibition - specifically from the sale or termination of affected financial instruments - to create a one-time economic relief program for U.S. crop producers. The program provides payments to farmers who experienced export market losses for specific crops during the 2025 marketing year, as determined by the Secretary of Agriculture. The relief targets direct economic impacts on agricultural producers tied to lost exports, not broader market interventions.