Latest News From COVID Relief

USDA Announces Second Round of Debt Relief to "Distressed" Borrowers
USDA Announces Second Round of Debt Relief to "Distressed" Borrowers

This round is for those who were delinquent on a direct loan as of Sept. 2020, restricted a loan after Feb. 2020 through FSA, or those who owe more interest on a direct loan than the level of the principal.

3 Topics Producers Should be Tracking in the Farm Bill
3 Topics Producers Should be Tracking in the Farm Bill

“We don’t need to rewrite the entire farm bill,” Rep. Thompson (R-Pa.) says. “We’re comfortable with many parts of the 2018 bill and there aren’t many tweaks, instead things we need to protect and invest in."

Grassley
Crop Insurance, Production Costs, ERP Among Key Topics at Senate Ag Farm Bill Hearing

A Senate Ag Committee hearing Thursday on the new farm bill raised a issue that is now evident: the Title 1 farm bill safety net can no longer deal with the current ag environment.

Vilsack Lists USDA's 4 Policy Objectives for 2023
Vilsack Lists USDA's 4 Policy Objectives for 2023

Farm Bureau hosted Secretary Vilsack at its annual convention in San Juan, Puerto Rico, where he announced the details of ERP Phase 2 and PARP, U.S.-made fertilizer and new meat and poultry processing facility plans.

Policy and Payments: What Producers Can Expect in 2023
Policy and Payments: What Producers Can Expect in 2023

ERP Phase Two is likely to be announced by USDA in coming weeks, according to Jim Wiesemeyer. In a farm bill year, he says there might be more opportunities to capture additional profit.

What's in it for Ag in the New Spending Bill?
What's in it for Ag in the New Spending Bill?

The House on Friday averted a government shutdown by voting 225 to 201 in favor of the Consolidated Appropriations Act of 2023—the omnibus spending bill. Here's what's in it for ag.

How the $1.7 Trillion Omnibus Spending Package Might Impact Your Operation
How the $1.7 Trillion Omnibus Spending Package Might Impact Your Operation

Text of the $1.7 trillion omnibus spending package was released early Tuesday morning. The Senate will vote first and intends to pass the measure before Thursday, leaving the House no time to demand changes.

USDA Announces Phase 2 of ERP Along With New Aid Opportunities
USDA Announces Phase 2 of ERP Along With New Aid Opportunities

Phase 2 is targeted to those who suffered losses in 2020 and 2021 but may not have received any payments under Phase 1. With Phase 2 underway, USDA said that the signup deadline for Phase 1 ERP will now be Dec. 16.

Vilsack Announces $2B in Funding to Transform U.S. Food System
Vilsack Announces $2B in Funding to Transform U.S. Food System

Transforming the U.S. food system by improving supply chains and addressing issues exposed by the Covid-19 pandemic was detailed by USDA Secretary Tom Vilsack during a speech at Georgetown University.

AgLaunch to Facilitate Wells Fargo $645,000 Grant for Technical Assistance of BIPOC Farmers in Mid-South Delta
AgLaunch to Facilitate Wells Fargo $645,000 Grant for Technical Assistance of BIPOC Farmers in Mid-South Delta

“This funding is supporting small BIPOC food companies and farmers to ensure that those hit hardest by COVID are able to weather the storm and recent supply chain disruptions,” said Jade Clark, AgLaunch.

money-funnel
Time is Ticking on the 2021 Policy Clock

The House and Senate are on recess this week, but work is ramping back up to finalize 2021 legislation before the New Year begins.

DC Signal to Noise: How Congress May Close Out 2021
DC Signal to Noise: How Congress May Close Out 2021

AgriTalk Host Chip Flory and Pro Farmer policy analyst Jim Wiesemeyer discuss plans Congress will probably have these last weeks of 2021, including the debt ceiling and the Build Back Better plan in the Senate.

Tom Vilsack
Agri-Talk: Vilsack Highlights 8 Priorities For USDA

The incoming agriculture secretary outlines issues he says need to be addressed or that would constitute “historic work.”

“The early part of the year should look very different than the latter, but in total, economic growth is estimated to be about 4%, following a retreat of roughly 4% in 2020,” Dan Kowalski, vice president of CoBank’s Knowledge Exchange division.
CoBank: COVID-19 Will Continue To Steer Economy In 2021

“The early part of the year should look very different than the latter, but in total, economic growth is estimated to be about 4%, following a retreat of roughly 4% in 2020,” says Dan Kowalski.

Employers Qualify for Tax Credit to Offset COVID-19 Paid Time Off
Employers Qualify for Tax Credit to Offset COVID-19 Paid Time Off

The Families First Coronavirus Response Act provides that eligible employees are entitled to paid sick time because of COVID-19, and employers are eligible for a tax credit to offset the expense.

World Food Program to Be Awarded Nobel Peace Prize
World Food Program to Be Awarded Nobel Peace Prize

A program that helps combat hunger around the world is this year's winner of the Nobel Peace Prize.

USDA Not on Track to Hit $16 Billion in CFAP Payments
USDA Not on Track to Hit $16 Billion in CFAP Payments

As of last week, USDA paid out just over $6 billion of the $16 billion in CFAP payments. One agricultural economist says without the full $16 billion, lower CFAP payments could change net farm income projections.

Iowa Senators Hope to Include Biofuels in Next COVID Relief Package
Iowa Senators Hope to Include Biofuels in Next COVID Relief Package

U.S. lawmakers from Iowa are trying to add aid for the biofuels industry into a pending coronavirus relief package in the Senate, U.S. Senator Chuck Grassley said on Friday.

The event size you can check on ranges from 10 people to 10,000.
County-Level Calculator Estimates Risk For Coronavirus Exposure

The event size you can check on in a county ranges from 10 people to 10,000.

Agriculture is Not Immune to Pandemic
Agriculture is Not Immune to Pandemic

The novel COVID-19 virus has changed the world in just six months: masks are a norm, large field days are unheard of and nearly everyone has dealt with changes to their routines in some way.

“Having a written exposure plan, it’s just like lock out/tag out or an emergency action plan,” he says. 
CDC Releases Checklist for Creating a COVID-19 Control Plan on Farms

The Centers for Disease Control and Prevention (CDC) this week published a checklist for agricultural employers to use to prevent and slow the spread of COVID-19.

A forgiven PPP loan is tax-free to the farmer, but you will be required to reduce your expenses by the amount of forgiveness.
Paul Neiffer: Your Options for PPP Forgiveness 

A forgiven PPP loan is tax-free to the farmer, but you will be required to reduce your expenses by the amount of forgiveness.