Congress agreed on a $900 billion COVID stimulus package, which will include up to $13 billion in funding that directly benefits agriculture. Nearly $1 billion will support a dairy donation program and supplemental Dairy Margin Coverage payments for small and medium-sized producers. More help will be made available to specialty and non-specialty crop growers, and the Paycheck Protection Program (PPP) will be expanded, which will allow small farmers to continue operating and paying their employees.
Many farmers and ranchers who were previously left out of aid will now qualify for assistance, including growers who were forced to euthanize livestock during the initial wave of the pandemic.
The American Farm Bureau Federation worked for several months to ensure the needs of America’s farmers and ranchers were brought forward to lawmakers as they considered the latest stimulus package.
“We’re pleased that Congress understands the toll the pandemic continues to take on farmers, ranchers and rural Americans,” said Zippy Duvall, AFBF president.… Continue readingRead More »