Produce groups seek changes to Paycheck Protection Program

Thirty-eight agriculture groups want Congress to adjust the Paycheck Protection Program to make it easier to access for growers.

3454478B-2101-42DB-9E8FF02801877CC6.jpg
3454478B-2101-42DB-9E8FF02801877CC6.jpg
(File photo)

Thirty-eight agriculture groups want Congress to adjust the Paycheck Protection Program to make it easier to access for growers.

The groups, including Western Growers, the American Farm Bureau Federation, the National Potato Council and the U.S. Apple Association, wrote a letter to House and Senate leaders suggesting changes to the program.

The letter said agriculture, forestry, fishing and hunting sectors received only 1.3% of the original $349 billion in approved funding.

“The CARES Act is a lifeline for farmers and ranchers struggling to stay afloat during this pandemic,” American Farm Bureau president Zippy Duvall said in a news release.

“COVID-19 has created an unprecedented impact on almost all markets, and farmers are struggling to pay employees while paying their own bills. As lawmakers consider replenishing the disaster loan program, it’s crucial that they ensure agriculture is given equal access to assistance.”

Recently passed legislation provides a second round of funding for the Paycheck Protection Program, and ag leaders outlined priorities for the next round of Small Business Administration loans:

  • Expedite approval of applications for rural lenders and allow farm credit institutions to access the newly established PPP set-aside for small financial lenders.
  • Guidance for agricultural applicants should allow profits from farm equipment trades and breeding livestock to be included in the calculation of income for PPP;
  • Define “primary place of residence” so it includes H-2A guest workers, because many of these workers spend more than half the year in the U.S.; and
  • The eligibility cap for agriculture should increase so family farms and agricultural processors that employ more than 500 employees can continue operating and paying their employees.

The Packer’s COVID-19 updates

The Packer logo (567x120)
Related Stories
The Union City, Calif.-based company is eyeing a potential 50% boost in sales following the first acquisition in its 63-year history, a strategic expansion engineered to master the high-stakes world of just-in-time produce logistics.
Severe drought and unseasonable spring heat in North Carolina are causing significant yield losses for specialty crops like brassicas and berries while simultaneously increasing pest pressures for regional organic growers.
The strategic transition marks a significant step forward in Thx!’s mission to prove that doing good is good business, while unlocking new opportunities for brands, retailers and consumers to create meaningful impact.
Read Next
Warning that American agriculture faces a potentially catastrophic economic threat, the National Potato Council is urging the immediate reinstatement of a federal ban on Canadian fresh potato imports from Prince Edward Island following a newly confirmed detection of potato wart.
Get Daily News
GET MARKET ALERTS
Get News & Markets App