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Smith introduces loan program to help dairy processors

from Dairy Agenda Today

Smith introduces loan program to help dairy processors Dairy Agenda Today U.S. Senator Tina Smith, D-Minn. — a member of the Senate Agriculture Committee — introduced legislation to create a loan program to provide relief to dairy processors who have been affected by the coronavirus (COVID-19) pandemic and the resulting economic crisis. Smith says that the USDA backed loan program would allow dairy processors, packagers, merchants, marketers, wholesalers and distributors to secure credit against their inventory, ensuring dairy processors have the working capital needed to make it through the pandemic. READ MORE

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