USDA Approves More than $545 Million in CFAP Payments
Since it began taking applications May 26, 2020, USDA has approved more than $545 million in payments to producers who have applied for the Coronavirus Food Assistance Program (CFAP). USDA has already received more than 86,000 applications for the program. In the first six days of the application period, FSA made payments to more than 35,000 producers. FSA will accept applications through August 28, 2020. Through CFAP, USDA is making available $16 billion in financial assistance to producers of agricultural commodities who have suffered a five-percent-or-greater price decline due to COVID-19 and face additional significant marketing costs as a result of lower demand, surplus production, and disruptions to shipping patterns and the orderly marketing of commodities.