Sept. 29, 2021: Agriculture Secretary Tom Vilsack announced a comprehensive set of investments to address challenges facing America’s agricultural producers. These include assistance to address challenges and costs associated with drought, animal health, market disruptions for agricultural commodities, and school food supply chain issues. Secretary Vilsack also outlined and requested public comments on a new climate partnership initiative designed to create new revenue streams for producers via market opportunities for commodities produced using climate-smart practices. USDA is preparing $3 billion in investments that will support drought resilience and response, animal disease prevention, market disruption relief, and purchase of food for school nutrition programs. The support will be made available via the Commodity Credit Corporation (CCC). Specifically, funds will be used to provide: $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) via robust expansion and coordination of monitoring, surveillance, prevention, quarantine, and eradication activities through USDA’s Animal and Plant Health Inspection Service. $500 million to provide relief from agricultural market disruption, such as increased transportation challenges, availability and cost of certain materials, and other near-term obstacles related to the marketing and distribution of certain commodities, as part of Secretary Vilsack’s work as co-chair of the Biden-Harris Administration’s Supply Chain Disruptions Task Force. Up to $1.5 billion to provide assistance to help schools respond to supply chain disruptions.
Read the full release here.