# American Rescue Plan Provides Assistance for Socially Disadvantaged Farmers | Center for Agricultural Law and Taxation

> The American Rescue Plan Act, signed March 11, 2021, set aside about $10.4 billion for agriculture and nutrition, including up to 120 percent of eligible FSA loan balances for socially disadvantaged farmers. USDA estimates the debt relief program will cost about $4 billion. Later court injunctions halted the program.

- Date: 2021-04-19 · published 2021-04-19T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/47580-american-rescue-plan-provides-assistance-for-socially-disadvantaged-farmers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Debt relief changes farm finances at the margin but has little direct effect on feed grain or protein supply and demand.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-01-08 | [American Relief Act of 2025 Provides Ad Hoc Relief to Farmers While Extending Farm Bill \| Center for Agricultural Law and Taxation](https://feedsoft.ai/events/26496-american-relief-act-of-2025-provides-ad-hoc-relief-to-farmers-while-extending.md) | +2.8% | +5.1% |
| CORN | 2021-10-08 | [Congress Provides $10 Billion for 2020 and 2021 Ag Disaster Payments \| Center for Agricultural Law and Taxation](https://feedsoft.ai/events/44525-congress-provides-10-billion-for-2020-and-2021-ag-disaster-payments-center-for.md) | -2.4% | +6.0% |
| CORN | 2022-10-12 | [Revisiting Agricultural Trade and Food Assistance Programs in the Farm Bill \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/39115-revisiting-agricultural-trade-and-food-assistance-programs-in-the-farm-bill.md) | +1.9% | -1.0% |
| CORN | 2023-01-11 | [Federal Register
       :: 
      Pandemic Assistance Programs and Agricultural Disaster Assistance Programs](https://feedsoft.ai/events/37777-federal-register-pandemic-assistance-programs-and-agricultural-disaster.md) | +2.6% | +1.9% |
| CORN | 2021-06-03 | [USDA assists socially disadvantaged producers](https://feedsoft.ai/events/46568-usda-assists-socially-disadvantaged-producers.md) | +4.4% | +4.7% |
| SOY | 2025-01-08 | [American Relief Act of 2025 Provides Ad Hoc Relief to Farmers While Extending Farm Bill \| Center for Agricultural Law and Taxation](https://feedsoft.ai/events/26496-american-relief-act-of-2025-provides-ad-hoc-relief-to-farmers-while-extending.md) | +5.1% | +6.5% |
| SOY | 2021-10-08 | [Congress Provides $10 Billion for 2020 and 2021 Ag Disaster Payments \| Center for Agricultural Law and Taxation](https://feedsoft.ai/events/44525-congress-provides-10-billion-for-2020-and-2021-ag-disaster-payments-center-for.md) | -3.3% | -3.0% |
| SOY | 2022-10-12 | [Revisiting Agricultural Trade and Food Assistance Programs in the Farm Bill \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/39115-revisiting-agricultural-trade-and-food-assistance-programs-in-the-farm-bill.md) | -0.3% | +4.9% |

## Sources

- calt.iastate.edu: https://www.calt.iastate.edu/article/american-rescue-plan-provides-assistance-socially-disadvantaged-farmers

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.