Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Farmers raise food; why would any farmer have to resort to using food stamps?

0
Posted

Farmers raise food; why would any farmer have to resort to using food stamps?

0

The fundamental mission of the Food Stamp Program is to help low-income people buy food to improve their diets. A related purpose of the program is to increase the number of agricultural products which are purchased by providing those without adequate income the means to do so. In some cases, it is a good business decision for a qualified farm family to use food stamps. The Food Stamp Program is administered by the USDA–the same agency that holds the Buschkoetters’ FmHA operating loan. The extra income that food stamp benefits add to a farm’s “family living” category in the farm business plan on their loan application may tip the lender’s scale in favor of the farmer when making the decision whether or not to grant a loan.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123