Area
United States of America
Commodity Group
Grains
Commodity
All
Date
23/08/2019
Policy Category
Production
Policy Instrument
Government support
Description
The Family Farmer Relief Act of 2019 was signed, amending the debt threshold used to determine farmers\' eligibility for relief under existing farm-specific bankruptcy laws. With farmers facing sustained declines in net farm incomes and an unpredictable trade environment, the debt limit was raised from USD 4.4 million to USD 10 million.
