Impact of COVID-19 on Agriculture

Senate Passes $2 Trillion Aid Package

News / In The News March 26, 2020

The U.S. Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which will provide $2 trillion in various programs to address the pandemic, reports Progressive Farmer.

Zippy Duvall, president of the American Farm Bureau Federation, called on swift passage of the bill through Congress to provide resources to farmers. "The aid to farmers in this package, including funding for the CCC and the Office of the Secretary, will allow USDA to begin crafting an appropriate relief program for agriculture,"

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Behind every devastating drop in cattle, corn, ethanol and other crop futures, there are farm and ranch families with suddenly shaky futures.

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From dairy farmers with nowhere to send their milk and cattle ranchers reeling from plummeting beef prices, the impact of the coronavirus is rippling through farm country. Corn, cotton and soybean futures have tumbled, ethanol plants have been idled, and some fruit and vegetable farmers are finding their best option is leaving produce in the field.

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