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The country’s agricultural industry as a whole is aging. The most-recent Census of Agriculture revealed that the average age of all farmers is 57.5 years, and that 8% of farmers are younger than 35.
The new federal funding opportunities would devote up to $300 million for projects that help “underserved” farmers.
Agency utilizing Inflation Reduction Act funds to target $550 million to underserved and unserved farmers.
Up to $300 million will be awarded for projects that open avenues for "underserved" farmers to get access to land, money and markets.
Agency utilizing Inflation Reduction Act funds to target $550 million to underserved and unserved farmers.