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Balanced Reporting. Trusted Insights.
Wednesday, May 18, 2022
Agriculture Secretary Tom Vilsack and National Economic Council Director Brian Deese unveiled a new report that blamed consolidation in the beef, pork and poultry sectors for higher grocery store bills and unveiled new actions to address the situation.
Democrats are moving to provide unprecedented amounts of debt relief and other assistance to Black farmers and other minority producers as part of a $1.9 trillion stimulus package that's being designed to address racial justice as well as the impact of the coronavirus pandemic.
Farmers who were facing a steep drop in government payments in 2021 will instead see a third round of coronavirus relief payments and other producers and ag processors left out of previous aid programs this year will get help this time, under a massive stimulus package and government funding bill.
Negotiations on a major new coronavirus relief package remain alive, but with the election less than two weeks away, Senate Republicans see little chance of passing a deal before a lame duck session in November or December at the earliest.
