ANNOUNCEMENT 02 Jan 2020

On 2 January 2020, the US government granted a state loan to An Undisclosed Beneficiary as part of the program Commodity Loans and Loan Deficiency Payments.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

USAspending.gov. Award page. Commodity Loans and Loan Deficiency Payments. An Undisclosed Beneficiary.
https://www.usaspending.gov/award/ASST_NON_12FA00PY66613644_12D2

U.S. Department of Agriculture, Farm Service Agency, Programs and Services, Commodity Loans (retrieved on 15/07/2021). Available at: https://www.fsa.usda.gov/programs-and-services/price-support/commodity-loans/

U.S. Department of Agriculture, Farm Service Agency, Programs and Services, Loan Deficiency Payments (retrieved on 15/07/2021). Available at: https://www.fsa.usda.gov/programs-and-services/price-support/loan-deficiency/index

Inception date: 02 Jan 2020 | Removal date: open ended

State loan

On 2 January 2020, the Department of Agriculture approved a state loan worth USD 11 million to An Undisclosed Beneficiary. The support was granted through the Commodity Loans and Loan Deficiency Payments programme.

The Commodity Loans and Loan Deficiency Payments program provides loans and direct payments to farmers to help them in the orderly marketing of their crops, improve and stabilize farm income, and assist in bringing about a better balance between supply and demand of the commodities. The program is run by the U.S. Department of Agriculture (USDA) Farm Service Agency.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A