Farms.com Home   News

USDA announces $2B to strengthen specialty crops sector

U.S. agriculture secretary Tom Vilsack has announced the creation of new programs that will help farmers who grow fruits, vegetables, and nuts overcome market barriers for their products, and help producers access necessary pre-market storage for their crops following severe weather events, including recent hurricanes. Specifically, the new Marketing Assistance for Specialty Crops initiative will provide $2 billion to assist specialty crop growers in maintaining a strong domestic supply and expanding market opportunities for their crops.

USDA is also creating the Commodity Storage Assistance Program, which will provide $140 million to help producers gain access to a packinghouse, grain elevator, or other facility necessary for the marketing of agricultural commodities. This program is designed for farmers nationwide due to disaster-related challenges, and USDA anticipates high signup rates in the Southeast due to the devastation caused by Hurricanes Debbie, Helene and Milton.

These programs would complement the disaster assistance package the Biden-Harris Administration has proposed to Congress, which included a request for resources for USDA’s Emergency Relief Program (ERP) and Emergency Livestock Relief Program (ELRP), in addition to nutrition assistance, and rural infrastructure support. The ERP and ELRP provide support for disaster losses for row crop, specialty crop, and livestock producers

Click here to see more...

Trending Video

Mastering your farm budget

Video: Mastering your farm budget

Want to better understand your farm finances? In this video, learn about the ins and outs of farm budgeting and cash flow management. Using AgExpert’s accounting software and drawing lessons from FCC’s Manage Your Farm Finances course series, you’ll gain the tools and insights to make informed decisions and set you up for cash flow success. Presented by FCC, AgExpert and BDO Canada.