by George Jared (gjared@talkbusiness.net)
Farmers in Arkansas will receive $286.2 million in assistance from the American Relief Act, with Mississippi County being the top recipient, according to an analysis by the Rural & Farm Finance Policy Analysis Center.
The American Relief Act was the continuing resolution passed in December to keep the federal government open through March 14. It also extended the 2018 Farm Bill through September 2025. In total, it provides $10 billion in economic assistance to crop farmers growing barley, corn, cotton, oats, peanuts, rice, sorghum, soybeans, and wheat.
Six million of the state’s acres were determined to be eligible for economic assistance. About 51% of the state’s soybean acres were eligible, while rice was at 26%. Cotton, (11%) and corn (10%) were the primary ag acres covered. The remaining acreage was in oats, peanuts, grain sorghum, and winter wheat.