Alfonso Saldana published Move to Amend Signs on to oppose COVID funds from benefiting corporate farming in Announcements 2020-04-23 15:49:26 -0700
Dear Secretary Mnuchin,
The COVID-19 pandemic is upending our food system, threatening the livelihoods of our nation’s farmers who have already endured six years of depressed prices and farm income. Previous bailouts lined the pockets of agribusiness giants that wield extreme 1 market control, including Brazilian-owned JBS. We are concerned that the $500 billion 2 authorized under Title IV of the CARES Act “to provide liquidity to eligible businesses, States, and municipalities” and the combined $23.5 Billion allocated to USDA for direct disaster relief will likewise be funneled to large agribusinesses, enabling them to buy out struggling competitors and further consolidate their market power.
We urge you to block any loans to and investments in major corporate players in the food system, including the largest meat and poultry processors, seed and fertilizer suppliers, and supermarkets. Instead, we urge you to use these funds to help family farms and smaller, independent meat processors and input providers survive these economic challenges, as well as farmers markets, farm stands, independent grocery stores, and other regional food infrastructure that is playing a pivotal role in meeting local food needs during this pandemic.Read more