An additional $14 billion is available to replenish the Commodity Credit Corporation this month. That money can be used a few different ways to help farmers. including the Coronavirus Food Assistance Program. “The question is do we use the $14 billion for COVID-19 assistance or do we get additional funding in some kind of fourth phase of the coronavirus aid?” asked John Hoeven, chairman, Senate Appropriations Agriculture Subcommittee. “I don’t know which way that will go yet, but I think we’re going to continue getting additional assistance for farmers and ranchers to get through this stretch.” The Senate Agriculture Committee met the week of July 1 discuss what the agriculture provisions could look like in another coronavirus stimulus package. Some of the provisions included in the HEROES Act are being considered in the Senate. “That had about $16.5 billion included for agriculture,” said Hoeven. “We’re talking to House members about that right now.”
