For those of you who want no government payments and think going against the US treasury is a good idea for your farm.....what does this do to the markets you price your grain off and the cost of your machinery????
Crop farmers will receive $20 an acre payments under the $900 billion emergency aid deal reached by Congress on Sunday.
The aid package comes as Congress is trying to close out 2020 and fund the federal government for the rest of its fiscal year. The House and Senate each approved one-day extensions on Sunday to reach a final deal on the aid package and overall federal funding for the rest of fiscal-year 2021.
Specifically, the bill includes an estimated $5 billion that will provide supplemental $20 per-acre payments to all row-crop producers, according to details releases by Sen. Debbie Stabenow, D-Mich., ranking member of the Senate Agriculture Committee.
Another $3 billion will provide payments to cattle producers, contract growers of livestock and poultry, dairy farmers and livestock producers who were forced to euthanize their livestock or poultry because of the pandemic and its impacts on the supply chain. Another $225 million will be provides for supplemental payments to specialty-crop growers who lost their crops in 2019.
Overall, the aid bill includes $13 billion set aside for food purchases and direct support for farmers and ranchers.
While our provincial governments and farm groups argue about agristability for nearly 8 years ...this recent announcement by the US government puts direct payments under the Trump administration at nearly 100 billion Canadian ....
food for thought...
Crop farmers will receive $20 an acre payments under the $900 billion emergency aid deal reached by Congress on Sunday.
The aid package comes as Congress is trying to close out 2020 and fund the federal government for the rest of its fiscal year. The House and Senate each approved one-day extensions on Sunday to reach a final deal on the aid package and overall federal funding for the rest of fiscal-year 2021.
Specifically, the bill includes an estimated $5 billion that will provide supplemental $20 per-acre payments to all row-crop producers, according to details releases by Sen. Debbie Stabenow, D-Mich., ranking member of the Senate Agriculture Committee.
Another $3 billion will provide payments to cattle producers, contract growers of livestock and poultry, dairy farmers and livestock producers who were forced to euthanize their livestock or poultry because of the pandemic and its impacts on the supply chain. Another $225 million will be provides for supplemental payments to specialty-crop growers who lost their crops in 2019.
Overall, the aid bill includes $13 billion set aside for food purchases and direct support for farmers and ranchers.
While our provincial governments and farm groups argue about agristability for nearly 8 years ...this recent announcement by the US government puts direct payments under the Trump administration at nearly 100 billion Canadian ....
food for thought...
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