USDA Announces Additional $2.6 Billion in Agricultural Aid
June 15 2021 - 10:10AM
Dow Jones News
By Kirk Maltais
U.S. farmers impacted by the coronavirus pandemic will receive
additional aids payments totaling at least $2.6 billion, the
Department of Agriculture confirmed.
In a notice issued Tuesday, the USDA said that it is allocating
the funds to agricultural producers that may have been missed in
previous aid, as well as continuing to help sectors that have been
hurt most by the pandemic.
According to the USDA, biofuels producers are in line to receive
$700 million, while small timber-harvesting businesses are up for
$200 million in payments. Dairy farmers are in line to receive
additional funding as well.
An unspecified amount of aid is scheduled to go to livestock
producers, including those that were forced to euthanize animals
due to the pandemic's impact on the economy in 2020.
The USDA says that since January, the agency has dispersed more
than $11 billion in aid payments to U.S. agricultural
producers.
Write to Kirk Maltais at kirk.maltais@wsj.com
(END) Dow Jones Newswires
June 15, 2021 09:56 ET (13:56 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.