TO KNOW, YEAH EARLY.
ALL RIGHT, THANK YOU CAN 8
'09 RIGHT NOW AND UNTIL A
CREAMERY IS LENDING A HELPING
HAND TO OUR COUNTRY IS
STRUGGLING FARMERS THROUGH A
VERY GENEROUS DONATION. THE
COMPANY IS DONATING ONE 0.6
MILLION DOLLARS TO THE
AMERICAN FARMLAND TRUST IT IS
ALL PART OF THEIR ALL FOR
FARMERS CAMPAIGN JOINING US
LIVE TO TELL US HOW THAT MONEY
IS BEING USED HOW FARMS CAN
APPLY FOR A GRANT. IT STILL
LOOKS CEO PATRICK RATES ARE
GOOD MORNING. GOOD MORNING.
THANK YOU WITH ABSOLUTELY
THANKS FOR BEING HERE. THIS IS
JUST SUCH A GENEROUS GRANTS TO
SUPPORT FARMERS THROUGH YOU
KNOW WHAT I WOULD IMAGINE HAS
BEEN A REALLY REALLY TOUGH
YEAR. SO TELL US A LITTLE BIT
ABOUT WHAT MADE YOU WANT TO DO
THIS.
YEAH WELL AS A FARMER
UNCOOPERATIVE EXPECT AROUND
411 YEARS WORK VERY CONCERNED
ABOUT THIS THIS CHALLENGES,
THE FARMERS ARE FACING ACROSS
THE COUNTRY IN AND ALSO VERY
CONCERNED ABOUT THE RATE OF
LOSS OF FARMLAND TO
DEVELOPMENT AROUND AROUND THE
U.S..
YEAH AND SO YOU'VE
COMMITTED A PORTION OF SALES
TO THE AMERICAN FARMLAND TRUST
SO HOW EXACTLY IS THAT GOING
TO WORK.
SO YES SO WE DURING THE
MONTH OF WE COMMITTED TO
DONATE 10% OF SALES TO THE
AMERICAN FARMLAND TRUST. THAT
1.6 MILLION AS IT TURNS OUT,
WE'LL USE HAVE TO FARMLAND
THROUGH OUR LAND TRUST
STRUCTURES THAT PROVIDE MONEY
TO FARMERS AND ENSURE THAT
FARMLAND WILL STAY IN IN THEIR
CULTURE AND THEN THE OTHER
HALF WILL BE USED AS DIRECT
GRANTS GIVEN TO FARMERS WHO
CAN APPLY AIR AMERICAN
FARMLAND WEBSITE TO HELP THEM,
YOU KNOW ADOPT NEW PRACTICES
TO HELP ACCESS MORE LAND OR OR
DO OTHER THINGS IT TO GET THEM
THROUGH THIS PANDEMIC.
YES, SO WHAT WHAT TYPES OF
THINGS ARE YOU HOPING THAT
THIS MONEY IS USED FOR YOU
MENTIONED KNOW, THEY'RE
THEY'RE STRUGGLING TO THE
PANDEMIC WE HAVE FARMERS
FACING PROBLEMS WITH WITH
CLIMATE CHANGE WITH
INTERNATIONAL TRADE THERE HAVE
BEEN SO MANY THINGS THIS YEAR
THAT HAVE SET UP DIFFERENT
BARRIERS FOR WHAT DO YOU HOPE
THIS MONEY IS GOING TO BE USED
TO DO.
WELL THAT'S ABSOLUTELY
RIGHT AND IT MAY BE FOR
EXAMPLE, A CASE WHERE SOME
ADDITIONAL EQUIPMENT CAN HELP
THEM BECOME MORE EFFICIENT AND
MORE COST EFFECTIVE AS THEY
DEAL WITH THE UPS AND DOWNS OF
THIS CRAZY SITUATION. MAYBE
THEY CAN ACCESS A LITTLE BIT
MORE AND IN DOING EXPAND THEIR
PRODUCTION AND MAYBE MAY HELP
THEM CHANGE TO CROSS THAT THAT
ARE MORE IN DEMAND THE
INCREASE IN AT HOME
CONSUMPTION THAT WE'VE SEEN
VERSES. THOSE THAT WERE WERE
SHIPPING IT TO MARKET
SUMMARIES RESTAURANTS AND
HOTELS AND THOSE KINDS OF
THINGS SO WHATEVER ADJUSTMENTS
THAT THEY MIGHT NEED TO MAKE.
IN THEIR PARTICULAR SITUATION
TO GET THE STATE OF OF
AGRICULTURE THAT WE'RE NOW
YEAH THERE ARE THERE PARTS
AGRICULTURE FARMING THAT WERE
HIT HARDER THAN OTHERS BECAUSE
I KNOW LIKE HEY IT'S A TELLING
LOOK FOR INSTANCE WITH CHEESE
THERE IS THIS.
CHEESE SHORTAGE RECENTLY,
AND IT SEEM LIKE YOU KNOW THAT
SHE'S ALREADY YEAH COULDN'T
TURN IT OUT FAST ENOUGH MONEY
WHERE THERE ARE CERTAIN PARTS
OF THE INDUSTRY THAT WERE HIT
HARDER.
IT GOES FAR THOSE FARMERS
WHOSE CROPS OR WAS BEING USED.
INTO THE PRODUCTS THAT THEN
ULTIMATELY WERE SOLD IN
RESTAURANTS AND HOTELS AND
SCHOOLS. THOSE ONES ARE THOSE
THOSE FARMERS WERE HIT THE
HARDEST BECAUSE DEMAND FOR
THEIR PRODUCTS DRIED UP THE
WAY OUR FOOD SUPPLY CHAIN IS
SET UP THERE, YOU KNOW THE
BEST IN THE WORLD IN THE
UNITED STILL FAIRLY RIGID IN
TERMS OF YOU KNOW THE PRICE
THAT ARE BEING MADE FROM THE
AGRICULTURE. AGRICULTURAL ARE
THE BEST IN FOR PARTICULAR USE
AND ONE THAT USE CHANGE SO
SUDDENLY. FARMERS FOUND
THEMSELVES WITH NO MARKETS
SHOULD DO RIGHT RIGHT YOU
CAN'T CHANGE THAT ENTIRE
SUPPLY CHAIN OVERNIGHT FOR
SURE NOW YOU YOU FARMERS CAN
APPLY ONLINE WALK US THROUGH
WANT ONE MORE TIME HOW
EXACTLY.
THEY CAN APPLY FOR A GRANT
THROUGH THE TRUST.
YES THE PHARMACY GO TO
AMERICAN FARMLAND TRUST AND
THERE'S A PORTAL THEY'RE AN
APPLICATION PORTAL THERE WHERE
THEY CAN APPLY FOR SOME OF
THESE FUNDS AND THEN THOSE
GRANTS WILL BE MADE. IN THE
COMING THEY START COMING WEEKS
BASED BASED ON YOU KNOW
THEY'LL BILITY OF FUNDS AND
THE NEEDS ARE OUT THERE ALL
RIGHT WELL PATRICK THANK YOU
SO MUCH FOR JOINING US SOME