Farm Credit Council President and CEO Todd Van Hoose made the following statement after Congress passed the latest funding to combat the Covid-19 pandemic.
“Farm Credit applauds the quick action by Congress and President Trump in approving this latest assistance package. We will do everything in our power to get farmers and ranchers access to funding through the Paycheck Protection Program. With the unprecedented disruption in our nation’s food supply chain, ag producers face low prices at the farm gate while consumers pay higher prices in the grocery store. Farmers will need even more assistance in the weeks ahead to secure our food supply and continue their role as the first step in the food supply chain.”