A government shutdown was averted at the last minute, meaning several farm programs will continue to be funded. President Trump signed a continuing resolution funding the government after returning from campaign stops in Minnesota, about an hour after Washington officially ran out of money.
Farm Bureau economist John Newton tells Brownfield the continuing resolution immediately replenishes 20 billion dollars for Commodity Credit Corporation funding. “That way, USDA can continue to distribute their CFAP-2 program payments to help producers affected by COVID, as well as distribute their typical farm bill conservation, marketing loan programs, and then your ARC PLC benefits.”
And he says that was important to prevent delays in payments to farmers.