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CFAP Payments to Date and Possible Future Ad Hoc Farm Payments

CFAP Payments to Date and Possible Future Ad Hoc Farm Payments
In May, the USDA announced the Coronavirus Food Assistance Program (CFAP) to compensate farmers for market losses concurrent to the ongoing coronavirus pandemic. USDA projected making $16 billion in CFAP payments to farmers. In this article, we analyze CFAP payments made to date, consider whether actual payments will reach this budgeted $16 billion amount by the time the application period ends on September 11, 2020, and discuss the prospect of further ad hoc farm payments in 2020.   For more, please click here.

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