Articles tagged under: USDA
Record Contracts Signed for 2019 ARC and PLC Programs
Published April 22, 2020
According to the U.S. Department of Agriculture, farmers and ranchers signed a record 1.77 million contracts for the Agricultural Risk Coverage and Price Loss Coverage programs for the 2019 crop year. That’s more than the five-year average. The deadline to…Unknowns Remain on USDA’s COVID-19 Direct Payments
Published April 20, 2020
A large portion of the USDA’s coronavirus aid includes $16 billion in direct payments for farmers and ranchers. Combest, Sell and Associates managing partner Tom Sell says more details are needed for the calculations of the direct payments. "What we…What Does COVID-19 Assistance Provide for Livestock Producers?
Published April 20, 2020
Cattle producers will receive $5.1 billion of the $9.6 billion of the USDA direct payments for livestock producers. A study from Oklahoma State University estimates cattle industry losses as a result of the COVID-19 pandemic will reach $13.6 billion, alone.…More Help is Needed for the U.S. Potato Industry
Published April 20, 2020
The U.S. potato industry says more help is needed from the USDA. According to the National Potato Council CEO Kam Quarles, the COVID-19 relief package is a down payment. The potato industry would like the USDA to include representative potato…Ag Secretary Perdue Outlines More Details of COVID-19 Aid
Published April 20, 2020
According to the USDA, the Coronavirus Food Assistance Program is open to farmers and ranchers regardless of size or market outlet if they suffered an eligible loss. "We also looked ahead to help provide additional assistance with costs and disruption…USDA Will Make Monthly Food Purchases for Food Banks
Published April 20, 2020
The USDA will be purchasing a combined total of $300 million each month in dairy, meat, fresh fruits and vegetables for food banks. In the next two weeks, the USDA will be taking proposals to supply commodity boxes to non-profit…Biofuels Industry Not Included in USDA COVID-19 Aid
Published April 20, 2020
The USDA aid package doesn’t provide assistance to the biofuels industry. According to Agriculture Secretary Sonny Perdue, there’s not enough money to go around. Perdue says helping the biofuels industry is more than the USDA could do at this time.…Mid-Size and Beginning Dairies Remain Vulnerable
Published April 20, 2020
USDA will provide $16 billion in direct payments to farmers and ranchers through the coronavirus economic stimulus package. From that total, dairy farmers will $2.9 billion. Minnesota Milk Producers Association Executive Director Lucas Sjostrom is pleased USDA is delivering a…USDA Announces COVID-19 Assistance Program
Published April 17, 2020
On Friday, the USDA announced the details of a coronavirus aid package for farmers and ranchers. The Coronavirus Food Assistance Program includes $16 billion in direct support to farmers and ranchers and $3 billion to purchase fresh produce, dairy and…