New US economic stimulus bill allocates $4 billion in debt relief for farmers of color

Socially disadvantaged farmers including those in the hemp industry are in line for new debt-relief funds in the $1.9 trillion American Rescue Plan of 2021. The legislation, which passed in the U.S. Senate Saturday and awaits changes and a final vote in the House, directs the U.S. Department of Agriculture to make payments to Black… Continue reading New US economic stimulus bill allocates $4 billion in debt relief for farmers of color

USDA coronavirus relief to hemp farmers on hold – for now

Hemp farmers getting federal pandemic assistance will see those payments frozen because of the changed administration. The U.S. Department of Agriculture says that payments under the latest round of the Coronavirus Food Assistance Program are on hold “until further notice” — though interested farmers can continue applying through Feb. 26. The latest round of coronavirus… Continue reading USDA coronavirus relief to hemp farmers on hold – for now

USDA: Latest payments for pandemic-affected hemp farmers coming soon

Some $13 billion in additional agricultural aid for pandemic-impacted farmers should start going out by end of month. Agriculture Undersecretary Bill Northey says the funds could go out even before the inauguration of President-elect Joe Biden on Jan. 20. “We certainly have some things we would like to be able to get out very quickly,”… Continue reading USDA: Latest payments for pandemic-affected hemp farmers coming soon