Stimulus package includes aid for farmers

Stimulus package includes aid for farmers

The massive economic stimulus package being discussed in the Senate includes funding for another round of Market Facilitation Program payments, along with aid for cattle producers.

That’s according to North Dakota Senator John Hoeven, who chairs the Senate Agriculture Appropriations Committee. He is leading the effort to recharge USDA’s Commodity Credit Corporation spending authority and increase its limit from 30 billion billion to 50 billion dollars.

Hoeven said the legislation would enable USDA to utilize
CCC funding to assist cattle producers whose markets have fallen sharply in
recent weeks.

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