(NAFB) – The Senate and the House passed a Continuing Resolution to fund federal agencies through December 3.

The CR provides $10 billion in much-needed disaster relief for losses incurred by farmers and ranchers in 2020 and 2021. It also extends Livestock Mandatory Reporting through December 3 of this year. National Farmers Union President Rob Larew says this is good news for family farmers and ranchers.

“In addition to keeping federal programs funded, the CR includes critical relief to help farmers and ranchers recover from disasters,” he says. “This year, America’s family farmers and ranchers have faced hot, dry weather in much of the country, conditions that have led to severe losses of crops and livestock and put their livelihoods in jeopardy.”

Larew also says they welcome the short-term extension of the Livestock Mandatory Program, an important tool for price discovery in livestock markets.

“LMR ultimately needs to be improved and permanently extended, and we look forward to working with Congress to institute reforms that can help address consolidation in livestock markets.”

Georgia Representative Sanford Bishop says, “This support is crucial to our farmers, ranchers, and producers for helping them recover from disaster ensures the fruits of their labor can provide affordable, nutritious food, textiles, and other vital materials across the country.”

The CR was signed by President Biden.