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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Farmers Received $23.5 Billion Under CFAP

01/08/2021

In a recent press release, the USDA quantified payments to farmers under the Coronavirus Food Assistance Program (CFAP) initiated in May 2020.  Approximately $10.5 billion was assigned under CFAP 1 and $13.0 billion under CFAP 2.  Approximately 1.4 million applications were approved under the two consecutive CFAP disbursements.

 

Under the 2020 Coronavirus Relief Bill, an additional $13 billion will be made available to assist agriculture with $5 billion to row-crop farmers and additional amounts to livestock producers.

 

In addition to CFAP, farmers received $23 million over 2018 and 2019 to compensate for losses sustained as a result of market disruption stemming from the trade war with China.


 
Copyright © 2021 Simon M. Shane