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Shining Light on Farm & Food Policy for 20 Years.
Monday, December 02, 2024
We now know the details on what is likely to be just round one of a massive relief package for farmers this year. The package outlined Friday night includes $16 billion in direct payments to livestock producers, fruit and vegetable growers and other sectors, plus $3 billion in commodity purchases.
The expanding shutdowns - and slowdowns - of U.S. meatpacking plants is raising concerns in the nation’s capital and putting a new focus on the need for curbing the COVID-19 outbreaks that are forcing plants to suspend or at least reduce operations.
Some ethanol plants who just spent thousands of dollars altering equipment to make hand sanitizer are fuming after the Food and Drug Administration (FDA) reversed its guidance that relaxed alcohol regulations for hand sanitizer production.
Agriculture Secretary Sonny Perdue says the U.S. food supply chain is intact despite the scenes consumers are seeing of milk being dumped and packing plants shutting down.
After a slow start, the $350 billion forgivable loan program for small businesses and farms is on track to run out of money as soon as Thursday or Friday. That’s the word from Larry Kudlow, President Donald Trump’s top economic adviser.
Shutting down, slowing processing line speeds, and reducing work hours is becoming a reality for livestock processors as more workers contract COVID-19, and ag economists argue timing of closures in the coming weeks is everything.
Hog producers are asking the Department of Agriculture to provide a direct influx of cash without eligibility restrictions as the industry expects to lose $5 billion for the remainder of the year due to the COVID-19 outbreak.
It’s Monday, the fifth week of the nation’s social distancing to fight the COVID-19 crisis, and one of the big concerns about the food supply chain is starting to develop.