USDA Has Provided $700 Million to Restore Sustainable Fuel Markets Hit by Pandemic

[Newsbot]

WASHINGTON, June 3, 2022 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that the Department has provided $700 million to help lower costs and support biofuel producers who faced unexpected market losses due to the COVID-19 pandemic. The funds are being made available through the Biofuel Producer Program, which was created as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

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