University of Illinois agricultural economists will host a live webinar on Tuesday, May 15 at 11 a.m. CT to discuss the U.S. Department of Agriculture's Coronavirus Food Assistance Program.
The program, approved in mid-April as part of the $2 trillion CARES Act, allots $16 billion in direct relief payments for producers, and $3 billion for the government to buy dairy, meat and produce from struggling farmers to distribute to food banks. Farmers and lawmakers have criticized the Trump administration for waiting so long to begin administering the excess produce purchases, but President Trump said last weekend that the USDA will begin rolling out the plan this week.
The webinar hosts will talk about what farmers' income could look like given different potential payment options, and will also discuss how difficult it is for farmers to make decisions for 2021 given the current uncertainty. The webinar is expected to last about 45 minutes and will be held on Farmdoc's YouTube channel. Participants can submit questions via chat. Click here for more information or to register.
from The Rural Blog https://ift.tt/2zCwxaS Tuesday webinar to discuss USDA farmer relief payments and farm product buys for food banks - Entrepreneur Generations
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