- Help U.S. growers with documented economic losses during this period.
- Create a stabilization program for PACA Licensed Produce Dealers who service restaurants, schools and the hospitality industry. They seek economic assistance to help pay their contracts and their growers.
- The money would provide emergency economic assistance to the produce supply chain during this time.
Produce Industry Supports Proposed $5 Billion Produce Market Stabilization Fund
Several produce organizations have signed onto a letter urging the USDA to develop a $5 billion Produce Market Stabilization Fund to help U.S. produce growers and shippers, and licensed PACA Produce Dealers affected by the sudden collapse of their business due to the COVID-19 pandemic. The seven-page letter details the specifics of the assistance sought from March 1 to June 30.
Here are the highlights: