Daniel Munch
American Farm Bureau Federation
The U.S. Department of Agriculture announced Oct. 27 the allocation of more than $3 billion to support commodity and specialty-crop producers impacted by natural disasters in 2022, through a modified continuation of its Emergency Relief Program. It was initially welcomed by farmers and ranchers recovering from exceptional drought conditions, severe hurricanes, derechos, flooding and other natural disasters. But a change in how assistance is calculated will drastically reduce the support many impacted producers receive. In particular, the program’s new progressive-factoring methodology limits sufficient support to a small percentage of operations. That’s a puzzling approach when natural disasters devastate operations of all types. This report discusses how the Emergency Relief Program 2022 works.
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Daniel Munch
Daniel Munch is an associate economist with the American Farm Bureau Federation’s Market Intel. Visit www.fb.org/market-intel for more information.
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