AreaUnited States of America

Commodity GroupGrains

CommodityAll

Date23/08/2019

Policy CategoryProduction

Policy InstrumentGovernment support

DescriptionThe 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.