Thursday, May 14, 2020

Webinar at 11 a.m. CT Friday will discuss USDA farm-relief payments and purchases of produce for food banks

University of Illinois agricultural economists will host a live webinar Friday, 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 administration for delaying the excess-produce purchases; President Trump said last weekend that 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 the YouTube channel of Farmdoc, the university's agriculture information service. Participants can submit questions via chat. Click here for more information or to register.

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