To address ongoing market challenges facing producers and supply chain disruption, Agriculture Secretary Tom Vilsack announced a $3 billion investment on behalf of USDA. The funding, made available via the Commodity Credit Corporation (CCC), will help support the following key areas:
• $500 million to support drought recovery and encourage the adoption of water-smart management practices.
• Up to $500 million to prevent the spread of African Swine Fever (ASF)
• $500 million to provide relief from agricultural market disruption
• Up to $1.5 billion to provide assistance to help schools respond to supply chain disruptions
In addition, a new Climate-Smart Agriculture and Forestry Partnership Initiative was presented to aid in the marketing of climate-smart agricultural commodities. This initiative will provide USDA-sponsored pilot projects that will incentivize the implementation climate-smart conservation projects on working lands. To help shape this initiative, USDA is requesting feedback from the public by November 1, 2021, via the Federal Register, Docket ID: USDA-2021-0010.
View more details via the full USDA release here.
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