USDA released the Final Rule for the $16 billion Coronavirus Food Assistance Program on May 19, 2020. The CFAP is intended to provide producers with financial assistance to partially offset sales losses and increased marketing costs associated with the COVID-19 pandemic.
Special note: In the CALT summary, it is noted that "a producer generally must have suffered a five percent or greater price loss over a specified time resulting from the COVID-19 outbreak or face additional significant marketing costs for inventories". The producer does not need to show the damage individually. This has already been determined by USDA for the commodities listed in the final rule.
For the summary from CALT, please click here.
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