Source: Tom Polansek, REUTERS, 3/24/21

The U.S. Department of Agriculture said on Wednesday it will dedicate at least $6 billion to help smaller-scale and socially disadvantaged farmers who were hurt by the pandemic, along with producers of organic food and other specialty crops. The agency said it would also increase by approximately $5.6 billion payments made to cattle producers and growers of crops like corn and soybeans. COVID-19 disrupted agricultural supply chains last year, though corn and soybean prices are now at multi-year highs.

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