Black Farmers Lawsuit Update 2024. The biden administration announced it will distribute $2.2 billion in financial assistance to 43,000 farmers, ranchers, and forest landowners who were discriminated. The lawsuit came after findings that black farmers lost approximately $326 billion of land due to discrimination during the 20th century.

For decades, the number of black producers and the amount of land they own has been sharply declining. A $2.2 billion payout was awarded to black farmers who applied for the restitution disbursement back in 2021 from the u.s.