May 27, 2022USDA announces emergency relief program
On May 16, 2022, the U.S. Department of Agriculture announced the Emergency Relief Program (ERP) to provide disaster relief to those farmers who have suffered losses to crops, trees, bushes, and vines due to wildfires, hurricanes, floods, derechos, excessive heat, winter storms, freeze, including a polar vortex, smoke exposure, excessive moisture, qualifying drought, and related conditions occurring in calendar years 2020 and 2021. USDA will also be considering crop loss in 2022 under this program if the crop loss is due to events occurring in 2021.
This relief program was funded through the “Extending Government Funding and Delivering Emergency Assistance Act, 2021” (H.R. 5305), signed into law on September 30, 2021. The legislation provided $10 billion to USDA to provide disaster relief to the U.S. farming community.
The announcement made on May 16, 2022, provides $6 billion of the $10 billion included in the bill mentioned above; there was a program announced earlier for Emergency Livestock relief funded at $750 million and additional programs for Milk Loss Program and OnFarm Stored Commodity Loss Program will be announced later. All of these programs are funded by H.R. 5305.
More information can be found here.