With only 2.5 weeks left to go in the fiscal year, North Dakota Senator John Hoeven said he is still working with the USDA on ways to spend the $14 billion for the Commodity Credit Corporation replenishment to help farmers and ranchers. It’s a use it or lose it type of scenario before the end of September and Hoeven plans for it to be used. “It has to be transferred to the Coronavirus Food Assistance Program account. In essence, we need to have a rule authorized to allow the money to be transferred, but that puts us in a position to spend the money and replenish the Commodity Credit Corporation through a continuing resolution,” said Hoeven. “We are going back and forth with the USDA on some things in terms of how they want to do it and we’re encouraging adjustments.” Hoeven said there will be money left over from the first CFAP, but didn’t specify on how it would be used.
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