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AFT Applauds Passage of New House Relief Bill

By Tim Fink
 
American Farmland Trust applauds the passage of a new COVID relief bill by the House of Representatives today. This legislation comes at a time when many Americans, including farmers and ranchers, continue to struggle in the face of the ongoing pandemic. The funding provided to USDA through this legislation will not only serve as vital relief, it will help lay the groundwork for a more resilient food system.  
 
AFT is especially pleased with the historic and unprecedented support provided for socially disadvantaged farmers within the legislation. USDA’s history of discrimination is well–documented and inclusion of loan forgiveness marks a key step in addressing a historic wrong. We especially appreciate that the legislation includes funding for the additional tools these farmers need for success, including legal services to work through heirs’ property issues, financial training, and other technical assistance. The legislation also recognizes opportunities to further diversify agriculture, providing pilot projects for land access as well as support for research and scholarships that will produce the next generation of agricultural innovators. 
 
As an organization, we have called for additional federal support for state and local governments. With offices across the nation, we have seen firsthand how state and local budget shortfalls are threatening to eliminate or reduce critical agricultural programs such as Farmlinks, purchase of agricultural conservation easement (PACE) programs, and support for conservation practices that sequester carbon and improve water quality.
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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.