Yahoo Finance reports on Land O’Lakes CEO Beth Ford conversation with  journalist Jessica Yellin at the 2020 Upfront Summit…

This week, the Federal Communications Commission approved a $20.4 billion program that could give six million rural homes and businesses access to high-speed broadband. FCC Chairman Ajit Pai calls the initiative the “boldest step yet to bridge this [digital] divide,” but the CEO of one of the largest dairy cooperatives said it’s simply not enough.

“It’s not that that’s nothing. I mean, that’s real money. But it’s inadequate. And then I meet constantly with governors, and they’re putting something- 10 million in the budget or 20 million… And it feels like we’re in the couch looking for the quarters and nickels. And that’s not going to get us there. It is going to make us uncompetitive as a nation. We cannot just leave these communities behind,” Land O’Lakes chief executive Beth Ford said in an interview Thursday at the Upfront Summit in Pasadena, California.