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Page 78 - தேசிய கால்நடைகள் மாட்டிறைச்சி சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Farming partnerships facing obstacles on PPP loans

Farming and ranching are capital-intensive operations often operating at a loss and with owners who frequently do not work for wages. When Congress designed the original Paycheck Protection Program program, it did not recognize these special circumstances facing those working in agriculture. As a result, many farmers and ranchers did not qualify for PPP assistance. Despite changes in subsequent COVID relief packages, many farmers are still facing issues today. Section 313 of The Economic Aid Act made changes to the initial eligibility requirements for PPP, recognizing the special circumstances of those working in agriculture and helping many farmers and ranchers participate in the program. Unfortunately, the SBA has since interpreted this language to

Baldwin, Hoeven introduce legislation to alleviate feed shortages

The following ag leaders voice their support for the bill: Darin Von Ruden, Wisconsin Farmers Union president. “Rising average temperatures, shifting precipitation patterns, changing growing seasons, and increasingly frequent and severe weather events are making it more difficult to grow food, feed, fuel and fiber. The effects of climate change are becoming clear across rural America, and the past few springs have been especially challenging for family farmers and ranchers. In many areas across Wisconsin, it has been too wet to put seeds in the ground, forcing many farmers to rely on prevented planting insurance coverage to make ends meet.

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