USDA is moving closer to launching signup for those $16 billion in direct COVID-19 payments that have been promised to farmers. The department is holding a webinar Thursday for farmers on the Coronavirus Food Assistance Program.
After a slow start, the $350 billion forgivable loan program for small businesses and farms is on track to run out of money as soon as Thursday or Friday. That’s the word from Larry Kudlow, President Donald Trump’s top economic adviser.
For all of you working on farms and ranches, you realize that the important work of producing food and feeding people never stops. It’s the same pattern for those in our packing plants, our truckers, our food workers and everyone along the supply chain from farm to fork.
The Trump administration has labeled agriculture as a critical industry in the wake of the coronavirus outbreak, allowing businesses to continue operating as usual amid current and potential restrictions created to stem the spread of the virus.
The coronavirus has sent the markets into a tailspin, closed down schools, and turned restaurants into to-go stands. But so far, agriculture’s intricate supply chain is – for the most part – still turning.