Fate of Rural America: Sec. Vilsack announces spending to help small towns & businesses

Some major spending will be coming out of Washington which is headed for rural America.

The Department will be spending $266 million through loans and grants intended to help producers and small rural businesses invest in renewable energy. The hope is to lower energy costs and generate new income. While speaking to a group at the Farm Progress Show, Ag Secretary Tom Vilsack said finding new income and opportunities is key to keeping residents in rural America.

“Now all of a sudden kids are staying in that school and its expanded. Those shops aren’t boarded up, they’ve got customers. That hospital can stay open so you don’t have to travel hundreds of miles to get health care. Now all of a sudden, you also have a population in rural communities, and this is the most important thing I’m going to say, that supports this country in this way: 15% of this nation’s population lives in rural America; 30% of military comes from rural America. If you have fewer kids, you have fewer people available for the military. So this isn’t just about agriculture. It’s about the fate of small towns and rural America.”

USDA will be making these grants and loans available in nearly all 50 states, Guam, and Puerto Rico.

Related Stories
Farm Credit’s Christy Seyfert joined us to discuss the ag industry’s push for swift Farm Bill action as it heads toward a House vote.
Bridge payments are helping, but many producers still face losses and tight margins. AEM’s Curt Blades joins us to discuss how the current farm economy is pressuring equipment demand.
Extends Program Application Deadline to August 12
USDA Secretary Brooke Rollins plans a farm visit in Missouri, hinting at a possible fertilizer relief announcement on RFD-TV earlier this week. USDA also restructures its research infrastructure and launches new food-safety centers.
Corn export demand remains supportive, but weak pork and rice sales show uneven global demand trends.
Rising poultry supply is pressuring prices despite steady demand.

LATEST STORIES BY THIS AUTHOR:

“There are those people that will live on forever, and Patrick is definitely one of those,” Ms. Parton said about the passing of RMG Founder and President Patrick Gottsch.
Premieres Tue, 5/28/24 – 9 PM ET | 8 PM CT | 7 PM MT | 6 PM PT