Recent years of financial stress and trade disruption in agriculture, coupled with the COVID-19 pandemic, produced new challenges for farmer-owned agricultural coops and have prompted many to rethink their business models.
Too much product, some high-profile bankruptcies and continued regulatory uncertainty contributed to making 2019 a tough year for hemp growers, but proponents of the versatile plant say it’s still viable in the long term for uses including CBD (short for cannabidiol), food and fiber.
The Trump administration has released data on the businesses, including farms, that received forgivable loans under the Paycheck Protection Program created by Congress in an effort to keep people employed during the COVID-19 crisis.
The next few weeks in Washington could be the most consequential of the year, certainly until the election. Neither the House nor the Senate have any regular sessions scheduled over the next two weeks, but senators are privately discussing the shape of the next coronavirus relief package.
USDA is heading into the second round of its Farmers to Families Food Box program, a major part of the Trump administration’s effort to address the impact of the COVID-19 pandemic on the food supply chain and hungry Americans.
EPA Administrator Andrew Wheeler says there are a handful of unanswered questions in the effort by small refineries looking to secure relief from past blending requirements of the nation’s biofuel mandate.