CHILE Act of 2026

The CHILE Act of 2026 creates a new federal program to provide emergency financial assistance to producers of specialty crops, such as fruits, vegetables, and nuts, when they face adverse events like economic crises or market disruptions. Under this framework, the Secretary of Agriculture would calculate payments based on the producer's recent sales history and a specific payment factor designed to cover losses, while also accounting for the higher input costs and diverse business structures common in this sector. The legislation sets a total funding limit of $5 billion for fiscal year 2027, with higher payment caps for large-scale farming operations that derive at least 75 percent of their income from agriculture.