A news release today from the USDA stated that, “U.S. Secretary of Agriculture Sonny Perdue today announced the USDA Farm Service Agency (FSA) has already approved more than $545 million in payments to producers who have applied for the Coronavirus Food Assistance Program. FSA began taking applications May 26, and the agency has received over… Continue Reading
Author Archives: Keith Good
USDA Issues First Coronavirus Food Assistance Program Payments
Missed Home Loan Payments Jumped in April
Bloomberg writer John Gittelsohn reported recently that, “Delinquencies on U.S. home loans surged by 1.6 million in April, the biggest one-month gain ever, after the government cleared the way for Americans who lost income in the pandemic to delay payments without penalty. “Mortgages at least 30 days in arrears almost doubled to 6.45%, the highest… Continue Reading
UK Start-Ups Secure Support Through “Future Fund,” a Government Co-Investment Program
Last month, Financial Times writers Daniel Thomas, Tim Bradshaw and George Parker reported that, “Fast growing start-ups struggling to survive the lockdown will finally secure state support this week with the launch of the £250m co-investment ‘Future Fund.’ “The government is set to take stakes in some of the UK’s most promising companies under the… Continue Reading
Bayer Reaches Deals on Share of 125,000 Roundup Suits
Bloomberg writers Jef Feeley and Tim Loh reported this week that, “Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations. “The deals, which have yet to be signed and cover an estimated 50,000… Continue Reading
FSA Expands Set-Aside Loan Provision for Customers Impacted by COVID-19
An update yesterday from USDA’s Farm Service Agency (FSA) stated that, “[FSA] will broaden the use of the Disaster Set-Aside (DSA) loan provision, normally used in the wake of natural disasters, to allow farmers with USDA farm loans who are affected by COVID-19, and are determined eligible, to have their next payment set aside. In… Continue Reading
USDA Announces Details of Direct Assistance to Farmers through the Coronavirus Food Assistance Program
A news release yesterday from USDA’s Farm Service Agency (FSA) stated that, “U.S. Secretary of Agriculture Sonny Perdue today announced details of the Coronavirus Food Assistance Program (CFAP), which will provide up to $16 billion in direct payments to deliver relief to America’s farmers and ranchers impacted by the coronavirus pandemic. In addition to this… Continue Reading
Meat Plant Sued Over Worker’s COVID-19 Death
Earlier this month, Bloomberg writer Millie Munshi reported that, “The family of a beef plant worker who died because of the coronavirus has brought a wrongful death lawsuit in a Philadelphia court against JBS SA, the world’s biggest meat company. “Ferdinand Benjamin filed the suit on Thursday after his father, Enock Benjamin, died of respiratory… Continue Reading
California Gig Workers- Contractors or Employees, Issues Persist
New York Times writer Kate Conger reported recently that, “California’s attorney general and a coalition of city attorneys in the state sued Uber and Lyft on [May 5th], claiming the companies wrongfully classified their drivers as independent contractors in violation of a state law that makes them employees. “The law, known as Assembly Bill 5,… Continue Reading
More Online Grocery Shopping Inspires Investors to Look Closely at the Sector
Melissa Repko reported recently at CNBC Online that, “FreshDirect co-founder and former CEO Jason Ackerman said customers’ growing interest in online grocery shopping during the coronavirus pandemic has whet venture capital firms’ appetites. “In an interview with CNBC’s ‘Squawk Alley,’ he said the surge of online grocery shopping has inspired more investors to look closely… Continue Reading
TODAY—USDA to Host Webinar for Producers Interested in Applying for Direct Payments through the Coronavirus Food Assistance Program
A news release this week from USDA’s Agricultural Marketing Service (AMS) stated that, “The [USDA’s AMS] and Farm Service Agency (FSA) will host a webinar on Thursday, May 14, 2020, at 1 p.m. ET, for farmers, ranchers and other producers interested in applying for direct payments through the Coronavirus Food Assistance Program (CFAP). “This webinar… Continue Reading