House Passes Stimulus Package; Includes Ag Provisions

The House Friday afternoon passed the $2 trillion stimulus package that includes billions of dollars for U.S. agriculture. A quick analysis by the American Farm Bureau Federation shows agriculture is set to receive $49 billion. Of that, $14 billion is provided to the Department of Agriculture’s Commodity Credit Corporation, and $15.8 billion is provided to the Supplemental Nutrition Assistance program. Meanwhile, $9.5 billion is provided to the office of the Secretary for livestock and specialty crops, and $8.5 billion is provided for Child Nutrition Programs. Additionally, the funding 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 is a request from many groups in agriculture. The Senate passed the stimulus package by unanimous on Wednesday.