Black And Minority Farmers Will Receive $4 Billion In Debt Relief. For Some, It’s A Lifeline. For Others, Too Little, Too Late. – Forbes

Betty Chenier, aged 60, grows potatoes, watermelon, kale, collards, and other vegetables, and raises chickens, hogs and cattle on her 50-acre farm, selling her produce at a farmers market in Baton Rouge, Louisiana. Betty and her husband, John, bought their current farm in Opelousas, Louisiana roughly 30 years ago, but the couple has been farming far longer, John since childhood. While roughly 33,000 farmers receive a loan from the USDAs Farm Service Agency each year, Betty and John have never received a loan from the USDA. Its not for lack of trying. When Chenier Farms applied for a USDA loan to purchase a water well, they wanted us to mortgage 50 acres for a loa…

Read the full article at: https://www.forbes.com/sites/elenabotella/2021/06/04/black-and-minority-farmers-will-receive-4-billion-in-debt-relief-for-some-its-a-lifeline-for-others-too-little-too-late/