Dairy | USDA Requests Comments on Aid to Producers Discriminated in Farm Lending Programs

USDA requests comments on financial aid to those discriminated in USDA farm lending programs.

The aid comes via provisions in the Inflation Reduction Act (IRA), which earmarked $2.2 billion for the effort for those affected by prior to January 1, 2021. Aid is limited to not more than $500,000 per recipient.

In the Federal Register notice, USDA said while the IRA provisions provide financial assistance to those affected, the effort is “more fundamentally about providing USDA the tools to rebuild that trust by directly acknowledging the wrongs that have been committed and taking concrete actions to offset those wrongs.”

What to Expect

USDA seeks input on how to identify those who experienced discrimination and what kind of evidence should be submitted to back up the claims. Factors that should be considered relative to the aid include:

Whether only economic loss should be considered
Whether previous payments for discrimination should be considered
Where there are non-monetary ways to provide relief

USDA is also seeking feedback on using third-party entities in determining delivery of the financial assistance and on how USDA should use other programs in conjunction with the financial assistance to those who have been discriminated against in USDA loan programs.

Comments must be submitted to the Federal Register by Nov. 14. USDA has also set three public listening sessions on implementing the aid on Oct. 20 and 26 and Nov. 1.

Look also

Rising Butter Prices Give European Consumers and Bakers a Bad Taste

The price for the butter so essential to the pastries has shot up in recent months, by 25% since September alone, Delmontel says.

You may be interested in

Ag observer says dairy industry is up against many challenges in the year ahead

Rising Butter Prices Give European Consumers and Bakers a Bad Taste

The shape of things to come: Global dairy markets

Topics |
Dairy, Farmers, industry, inflation, Milk, USDA

Legal notice about Intellectual Property in digital contents. All information contained in these pages that is NOT owned by eDairy News and is NOT considered “public domain” by legal regulations, are registered trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the rules contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable rules. Any claim arising from the information contained in the eDairy News website shall be subject to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentina, with seat in the City of Córdoba, excluding any other jurisdiction, including the Federal.