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Shining Light on Farm & Food Policy for 20 Years.
Sunday, April 28, 2024
The American Farm Bureau Federation sent the Senate a wish list for the next coronavirus relief bill that includes a significant new round of aid to farmers as well as assistance for rural broadband and health care providers.
Farm groups are looking to the Trump administration to quickly appeal a ruling blocking the use of dicamba herbicide and issue guidance on how the industry should address the issue.
Producer optimism increased in May, according to a survey conducted the same week USDA released details about the $16 billion in direct payments through the Coronavirus Food Assistance Program.
Farmers will get some welcome relief starting next month from the market impact of the coronavirus, but it will take a second round of payments to keep many in the black this year, and producers may face similar problems into next year.
Cattle, dairy and hog producers as well as corn and soybean growers are expected to collect the largest shares of USDA’s $16 billion in coronavirus relief payments, which are designed to compensate for losses in sales or market value between January and April.
Farm groups are awaiting the release any day of USDA’s requirements for $16 billion in direct payments to compensate producers for the market losses caused by the coronavirus crisis. OMB completed its review of the planned program on Friday.
A $16 billion program to offer direct payments to producers is not yet ready for signup, but the Department of Agriculture is urging producers to begin several steps of the application process ahead of time.