USDA unveils $19 billion aid plan for farmers, food industry

Disir

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Sep 30, 2011
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Agriculture Secretary Sonny Perdue rolled out a $19 billion rescue plan Friday for a long list of agriculture sectors that say the ripple effects of the COVID-19 pandemic through supply chains and markets will force many farmers out of business.

Perdue is likely to come under scrutiny over fairness in distributing billions of dollars in direct payments to a cross section of farmers and ranchers, just as he was regarding distribution of trade aid to compensate farmers for lost foreign markets during trade disputes. However, few in agriculture are likely to question the need for help during the pandemic.

In a statement, the secretary said he is pulling together funding and authorities provided in two economic relief packages and using $873 million of existing USDA funding for food purchases. The department’s umbrella name for the aid package is the Coronavirus Food Assistance Program.

This is a good thing.
 
Agriculture Secretary Sonny Perdue rolled out a $19 billion rescue plan Friday for a long list of agriculture sectors that say the ripple effects of the COVID-19 pandemic through supply chains and markets will force many farmers out of business.

Perdue is likely to come under scrutiny over fairness in distributing billions of dollars in direct payments to a cross section of farmers and ranchers, just as he was regarding distribution of trade aid to compensate farmers for lost foreign markets during trade disputes. However, few in agriculture are likely to question the need for help during the pandemic.

In a statement, the secretary said he is pulling together funding and authorities provided in two economic relief packages and using $873 million of existing USDA funding for food purchases. The department’s umbrella name for the aid package is the Coronavirus Food Assistance Program.

This is a good thing.

As long as this benefits family farms and US owned businesses it's good. No foreign entities should receive anything.
 

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