The $2 trillion stimulus package passed by Congress on Wednesday includes billions of dollars for U.S. agriculture, at least $49 billion according to analysis by the American Farm Bureau Federation.
AFBF calculated that $14 billion is to be provided to the Department of Agriculture’s Commodity Credit Corporation, and $15.8 billion is earmarked to the Supplemental Nutrition Assistance program. $9.5 billion is provided to the office of the Secretary for livestock and specialty crops, and $8.5 billion will go toward the Child Nutrition Programs.
The package also includes $450 million for commodity assistance, $100 million for broadband grants, and $25 million for distance learning and telemedicine efforts.
The agreement opens the door for a potential third round of Market Facilitation Payments through the Commodity Credit Corporation, originally created to help farmers as the Trump administration carries out its trade agenda. Funding an additional round of payments through the program was requested from many groups in agriculture.