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Shining Light on Farm & Food Policy for 20 Years.
Sunday, August 18, 2024
The Biden administration is struggling in court to preserve a key part of its racial equity agenda - $4 billion in debt relief for socially disadvantaged farmers and ranchers who have faced decades of discrimination in USDA lending programs.
USDA is rolling out its debt relief program for socially disadvantaged farmers, sending out offer letters to producers eligible for direct loan relief, even as it grapples with how to pay off guaranteed loans in the face of concerns from banks worried about loss of income.