US Farmers Receive $800 Million in Loan Relief From Agriculture Agency



U.S. farmers in economic distress have received nearly $800 million in loan relief from the Department of Agriculture (USDA) using funds from the Inflation Reduction Act, Agriculture Secretary Tom Vilsack and Deputy Secretary Jewel Bronaugh announced on Tuesday, Oct. 18.

The new law allocates $3.1 billion for USDA to make loan adjustments or payments for financially distressed farmers.