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Sep. 10, 2019 POLITICO reports: Producers who faced losses from hurricanes, wildfires, flooding and other extreme weather can apply for federal relief starting on Wednesday. Congress in June approved a disaster aid package including more than $3 billion for agricultural losses. Farmers who were prevented from planting a crop after major flooding across the Midwest this year will be eligible for aid. So will farmers whose stored grains were damaged by flooding following the "bomb cyclone" storm, as well as blueberry and peach growers whose crops were damaged by a cold snap in 2017. "The scope of this year's prevented planting alone is devastating, and although these disaster program benefits will not make producers whole, we hope the assistance will ease some of the financial strain farmers, ranchers and their families are experiencing," Secretary Sonny Perdue said in an announcement on Monday. How it works: Farmers will be paid between 70 percent and 95 percent of the expected value of their crops, depending on whether they had insurance. Producers who derive at least 75 percent of their income from agriculture will be eligible for up to $500,000 in aid over two years, if they live in a county where a disaster was formally declared. Tweet |
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