This article summarizes a bunch of issues related to the pandemic. It’s from March 25, and “a slush fund type bailout for global corporations and Wall Street” is pretty much what was in fact delivered.
Farmers were already struggling to make ends meet prior to the COVID-19 crisis. For more than six years, farmers have been managing low incomes, rising costs, increasing debt and bankruptcy, volatile export markets (exacerbated by President Trump’s tariff fights) and a series of extreme weather events tied to climate change. Now, the fast-moving, unprecedented COVID-19 situation is creating new disruptive challenges for farmers and our food system. - IATP
This is from an email I got from Sen. Tina Smith (D-MN), specifying some of what's in the package. You can decide for yourself, how much is actually likely to help traditional farmers, and how much is just more handouts to Big Ag.
$9.5 billion dedicated disaster fund to help farmers who are experiencing financial losses from the coronavirus crisis, including targeted support for specialty crop farmers, dairy and livestock farmers, and local food producers.
$14 billion to fund the Farm Bill's farm safety net through the Commodity Credit Corporation.
Eligibility for farmers and agricultural and rural businesses to receive up to $10 million in small business interruption loans from eligible lenders, including Farm Credit institutions, through the Small Business Administration. Repayment forgiveness will be provided for funds used for payroll, rent or mortgage, and utility bills.
$3 million to increase capacity at the USDA Farm Service Agency to meet increased demand from farmers affected by the coronavirus crisis.
Here's a take on the "farmers or Big Ag" query.