USDA to begin disbursing economic aid to farmers amid low prices
- The U.S. Department of Agriculture will begin accepting applications for $10 billion in market-based assistance as announced by Senator John Hoeven on March 18.
- The Emergency Commodity Assistance Program will help eligible producers cope with losses from natural disasters and low commodity prices, as stated in a Federal Register document.
- Payments from the program will start by March 21, 2025, with initial payments covering 85% of the total, according to Hoeven.
- Hoeven emphasized the need for a new farm bill to avoid reliance on ad-hoc disaster assistance and support farmers effectively.
54 Articles
54 Articles
Selectivity and low prices in the Agricultural Market of Cañuelas
Today's operation in the Agricultural Market of Cañuelas was achieved with an income of 6449 cattle that were unloaded from 179 trucks. With the purchasing operators supplied, sales will materialize with selective demand and prices with lows for almost all categories and classifications exposed, only the special quality lots obtained profits compared to yesterday's values. The General Index dropped by 6.15% as it went from $2169,050 to $2035,739…
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