Articles tagged under: COVID-19
American Rescue Plan Signed into Law
Published March 12, 2021
President Joe Biden signed the nearly $2 trillion American Rescue Plan. That was followed up by a prime time address Thursday night where Biden touted the bill and marked the one-year anniversary of the pandemic. Democrats passed the bill in…Easy Money Policies May Bring Headaches
Published March 11, 2021
As the U.S. government passes another COVID stimulus package, Utterback Marketing President Bob Utterback sees easy money policies causing headaches down the road. "As long as the commodity demand remains stable, costs will increase. When costs go up, they're reluctant…USDA Reviews Pending COVID Relief
Published March 11, 2021
The American Rescue Plan does not include direct payments to farmers. "Most of the assistance for agriculture, about $25 billion, goes toward the nutrition program," said Randy Russell, president, the Russell Group. "It also includes debt forgiveness for minority farmers."…Compeer Pledges COVID-19 Funds
Published March 11, 2021
Compeer Financial is pledging $667,000 to COVID-19 relief across the organization’s territory of Minnesota, Wisconsin and Illinois. This support includes donations to rural community foundations, grant programs and regional foodbank funding. This commitment builds on $830,000 donated in 2020.U.S. House Passes More COVID-19 Relief
Published March 10, 2021
As expected, the House passed the $1.9 trillion American Rescue Plan on a vote of 220 to 211. No Republicans voted in favor of the bill. This latest COVID-19 relief bill includes $1,400 in direct payments to qualifying Americans, more…U.S. Senate Passes $1.9 Trillion COVID-Relief Bill
Published March 8, 2021
On Saturday, the U.S. Senate passed the $1.9 trillion American Rescue Plan on a party-line vote. No Republicans voted for the bill. This latest round of COVID relief includes $1,400 in direct payments to Americans and more funding to states.…USDA Will Take More Time to Review COVID Relief
Published March 5, 2021
Agriculture Secretary Tom Vilsack highlighted USDA priorities during the closing session of Commodity Classic. COVID relief is a top priority, including the pending Coronavirus Food Assistance Program payments. "First and foremost, we wanted to do an evaluation at the USDA…COVID Bill May Trigger PAYGO Rules, Slashing Farm Programs
Published March 4, 2021
Senate Agriculture Committee Ranking Member John Boozman is warning the latest COVID-19 stimulus bill could trigger huge farm program cuts. Democrats are using budget reconciliation as the vehicle for the assistance package which could result in automatic spending cuts under…Give the Paycheck Protection Program Another Look
Published February 17, 2021
Sign-up is open for the Paycheck Protection Program. MinnStar Bank Farm Management Analyst Kent Thiesse says if farmers did not qualify for the first round, the program may be worth revisiting. "Now, farmers can use line nine on the Schedule…