Federal judge halts Black farmers’ debt-relief program in new legal blow
Black and other minority farmers were dealt a new legal blow on Wednesday when Florida federal court issued a preliminary injunction halting a key part of the Biden federal stimulus relief package that forgave agricultural debts to farmers of color.washingtonpost.com
Black farmers question USDA priorities as Black-owned farms decrease in the U.S.
Black farmers question USDA priorities as Black-owned farms decrease in the U.S. U.S. Department of Agriculture nominee Tom Vilsack faces criticism from Black farmers for not doing enough under the Obama administration to address systemic racism in farming. Meanwhile, the number of Black-owned farms in the U.S. continues to decline. Founder and president of the National Black Farmers Association, John W. Boyd Jr., joins CBSN's Tanya Rivero to discuss his experience and why he has hope for the Justice for Black Farmers Act.cbsnews.com
Credit-strapped U.S. farmers to get coronavirus help with more flexible federal loans
REUTERS/Jim Young/File PhotoCHICAGO (Reuters) - Farmers financially hurt by coronavirus will have an easier time getting federal loans after the U.S. Department of Agriculture announced on Thursday it will relax its loan process. USDAs Farm Service Agency (FSA) said it also is extending deadlines for producers to deal with loans, including allowing financially troubled or delinquent farmers to be considered for loan deferral. Agricultural lenders, too, are turning to the agency to help guarantee the loans they are issuing to farmers - whether for operational or real estate needs. Such loan guarantees and direct loans through USDA FSA are often considered loans of last resort, say bankers and economists. USDA also said it will temporarily halt loan accelerations, non-judicial foreclosures and referring foreclosures to the Department of Justice for loans that have failed.feeds.reuters.com