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		<title>USDA: Latest payments for pandemic-affected hemp farmers coming soon</title>
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		<pubDate>Thu, 14 Jan 2021 01:31:43 +0000</pubDate>
				<category><![CDATA[Bill Northey usda]]></category>
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					<description><![CDATA[<p>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,”</p>
<p>The post <a href="https://cbddroppers.com/2021/01/14/usda-latest-payments-for-pandemic-affected-hemp-farmers-coming-soon/">USDA: Latest payments for pandemic-affected hemp farmers coming soon</a> appeared first on <a href="https://cbddroppers.com">Hemp &amp; CBD</a>.</p>
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<p>Some $13 billion in additional <a href="https://www.farmers.gov/cfap/faq" target="_blank" rel="noopener">agricultural aid</a> for pandemic-impacted farmers should start going out by end of month.</p>
<p>Agriculture Undersecretary Bill Northey says the funds could go out even before the inauguration of President-elect Joe Biden on Jan. 20.</p>
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<p>“We certainly have some things we would like to be able to get out very quickly,” Northey said in comments reported last week by<a href="https://www.agriculture.com/news/business/biden-administration-to-oversee-new-coronavirus-payments-to-farmers" target="_blank" rel="noopener"> Successful Farming</a>.</p>
<p>Eligible farmers would receive payments of $20 an acre, roughly $5 billion in all, according to the $900 billion coronavirus <a href="https://www.fb.org/market-intel/whats-in-the-new-covid-19-relief-package-for-agriculture" target="_blank" rel="noopener">relief package</a> signed late last year by President Donald Trump.</p>
<p>Hemp farmers were <a href="https://hempindustrydaily.com/hemp-farmers-eligible-for-new-usda-coronavirus-relief-funds/" target="_blank" rel="noopener">excluded</a> from the first round of COVID-19 assistance, but the crop was later deemed eligible. Hemp is classified as a “flat-rate” crop, a category set up for crops that don’t meet the 5% price decline trigger or don’t have data available to calculate a price change.</p>
<p>Biden has said he will propose additional pandemic assistance after he takes office.</p>
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<p>The post <a href="https://cbddroppers.com/2021/01/14/usda-latest-payments-for-pandemic-affected-hemp-farmers-coming-soon/">USDA: Latest payments for pandemic-affected hemp farmers coming soon</a> appeared first on <a href="https://cbddroppers.com">Hemp &amp; CBD</a>.</p>
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