Farmland
- May 1, 2020
-
Views: 44
CARES Act Directs $49 Billion to Agricultural Producers
![](https://dev.landreport.com/wp-content/uploads/2020/05/covidag_fi.jpg)
From that total, the Secretary of the Department of Agriculture received $9.5 billion to roll out an array of food- and ag-related benefits. Funding includes relief for farmers affected by COVID-19 with an emphasis on specialty crop farmers and producers who supply local food systems, along with farmers markets, restaurants, and schools. Livestock producers and dairy farmers throughout the nation are likewise eligible for assistance. Beyond enhanced funding for the Supplemental Nutrition Assistance Program (SNAP), child nutrition programs received an additional $8.8 billion to ensure that children and low-income families have access to food. The Commodity Credit Corporation (CCC), meanwhile, received a $14 billion replenishment for the 2020 fiscal year. The CCC, which dates to the Great Depression, stabilizes, supports, and protects farm income and prices while helping to maintain supplies of agricultural commodities.
Click here to read more.
Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
RELATED ARTICLES
CRP at Lowest Level Since 1988
The program includes the voluntary Conservation Reserve Program, which gives landowners annual rent payments for …
DOJ and DOD Prepare to Condemn Private Lands for Border Wall
NBC News reports that administration officials are preparing the requisite court filings in Texas that …
2018 Timberland Deal of the Year
By Cary Estes What many are touting as the timberland transaction of the decade actually …
Elk Creek Ranch Acquires Seven Lakes
For those who are passionate about outdoor pursuits, the next great adventure can’t come soon enough.