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Section 22007 of the Inflation Reduction Act authorized $2.2 billion in financial assistance to farmers and ranchers who experienced discrimination in USDA farm loan programs prior to Jan. 1, 2021 ...
Oct. 10—WASHINGTON — The U.S. Department of Agriculture announced an additional $250 million in automatic payments for distressed direct and guaranteed farm loan borrowers under Section 22006 ...
The Farm Credit System (FCS) in the United States is a nationwide network of borrower-owned lending institutions and specialized service organizations. The Farm Credit System provides more than $373 billion (as of 2022) [1] in loans, leases, and related services to farmers, ranchers, rural homeowners, aquatic producers, timber harvesters, agribusinesses, and agricultural and rural utility ...
Stabenow also told The Hill this week that she “found resources” to pay for the additional economic assistance, but wouldn’t offer specifics. ... include funding for our farmers and ranchers ...
Farmers and ranchers have adopted technologies to improve their efficiency and produce more food on the same amount of land. In 1940, the American farmer produced enough food to feed 19 people each year. Seven decades later, in 2010, the American farmer fed 155 people annually. [4]
American Rescue Plan Act of 2021 — This legislation allocated $4 billion for debt relief to socially disadvantaged farmers and an additional $1 billion to improve land access, address heirs’ property issues, and support historically underserved farmers.
Farmers' suicides in the United States refers to the instances of American farmers taking their own lives, largely since the 1980s, partly due to their falling into debt, but as a larger mental-health crisis among U.S. agriculture workers. In the Midwest alone, over 1,500 farmers have taken their own lives since the 1980s. It mirrors a crisis ...
The Democratic nominee also pledges to provide more financial support for Black farmers and ranchers, set a goal to double quality apprenticeships, and work with Congress to encourage businesses ...
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