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Shining Light on Farm & Food Policy for 20 Years.
Saturday, February 01, 2025
President Donald Trump threatened, then walked back from, new tariffs on imports from Colombia after the country blocked two military deportation flights from the U.S.
Farms and other agricultural employers can start applying for grants and low-interest, long-term loans through the Small Business Administration's Economic Injury Disaster Loan program.
The House on Thursday cleared a $484 billion COVID-19 relief bill that will replenish the Paycheck Protection Program with an additional $320 billion and make farms eligible for a separate disaster loan program for small businesses.
Banks and Farm Credit System institutions on Friday began taking applications from farmers and other small businesses for $349 billion in forgivable loans aimed at shoring up the economy during the COVID-19 crisis.
The Small Business Administration has heard from over 2,700 farmers, including poultry feeders, and rural small businesses and others mostly opposed to amendments to the SBA's Express Loans regulation that would make any operator getting more than 85 percent of revenue from a single source (rather than a usual 70 percent SBA ceiling) ineligible for those loans
