Articles tagged under: Commodity Credit Corporation
Another Economic Stimulus Package Being Discussed
Published April 24, 2020
Discussions on a fourth coronavirus stimulus package are underway. For agriculture, the big debate could be structuring more aid for the industry moving forward. "Some people will look at getting more funds for the Commodity Credit Corporation, others will prefer…Lawmaker Proposes More CCC Funding
Published April 24, 2020
Georgia Representative Austin Scott introduced legislation to provide $50 billion for the Commodity Credit Corporation. The legislation doesn't allow the imposition of payment limitations on COVID-related assistance. This is similar to a USDA request and a request earlier this year…More CCC Funds Become Available in July
Published April 20, 2020
The Coronavirus Food Assistance Program is partially funded by the Commodity Credit Corporation. The CCC will be receiving another $14 billion in July and those funds could be available for more coronavirus relief. "I was able to appropriate about $23.5…Ag Groups Working to Determine COVID-19 Impact
Published April 9, 2020
Agriculture groups are working with the USDA to determine the economic impact of the coronavirus. The National Association of Wheat Growers is getting recommendations from growers across the country and paying attention to any disruptions taking place at ports. "We're…Perdue Gives Status Update on Farmer Coronavirus Aid
Published April 9, 2020
Agriculture Secretary Sonny Perdue says the USDA continues the process of getting feedback from agricultural groups on the USDA’s response to COVID-19. "We're meeting daily getting data, listening to stakeholders within the various commodity groups and getting their ideas, talking…Senators Ask Perdue for Biofuel Support
Published April 8, 2020
Minnesota Senator Amy Klobuchar, Iowa Senator Chuck Grassley and 13 others sent a letter to Agriculture Secretary Sonny Perdue requesting additional funds for the biofuels industry. The lawmakers said adding additional Commodity Credit Corporation funds to the Higher-Blends Infrastructure Incentive…Additional Farm Aid May Not Be a Third MFP
Published March 26, 2020
Combest, Sell and Associates managing partner Tom Sell says the replenished Commodity Credit Corporation funds in the third stimulus package may not be used for another Market Facilitation Program. Instead, Sell says the USDA is working on a new method…Third Stimulus Package Boosts USDA Funds
Published March 26, 2020
The third stimulus bill includes an additional $9.5 billion in funding for USDA to support livestock and dairy producers, local food providers and specialty crop producers. There’s also a $14 billion boost in funding authority for USDA’s Commodity Credit Corporation.…Seeking Out Details of CCC Payments
Published July 25, 2018
North Dakota Farmers Union President Mark Watne says there are questions about how the Commodity Credit Corporation funding will work to reimburse farmers. "We can't show as much how the transportation is impacting crops. That's the first question. The second is…