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Ag News
Disaster Assistance Proposal has Backing
Published Monday, November 23, 2009 at 05:00 AM
The groups say that although loss estimates are preliminary, they already have reached the hundreds of millions of dollars. They emphasized that many producers need assistance within weeks to repay loans and secure new financing in time for spring planting. The proposed bill has a - delivery mechanism which offers the combination of timely assistance for yield and quality losses that can be delivered with minimal administrative burden on USDA. They note that any alternative means of providing assistance, however well-intentioned, cannot be delivered before late 2010 or early 2011.
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