A second installment of farmer payments via the Coronavirus Food Assistance Program (CFAP) is still on tap to be unveiled in early September, according to USDA Secretary Sonny Perdue.
In a briefing with reporters on an unrelated topic, Perdue was asked about how USDA would be utilizing the additional $14 billion in authority available to the agency under the Commodity Credit Corporation (CCC).
The additional CCC monies “will be used in the CFAP 2,” Perdue said, echoing comments he made previously on AgriTalk that a second round of the program was on tap.
While there has been pressure on USDA for the dates it used to determine payments under the initial CFAP effort, Perdue suggested one reason for the April 15 cutoff was “to get money out quickly.”
He said USDA is looking at the cutoff going forward and also highlighted moves by the department to cover more commodities under the program and the recent decision issue the final 20% payments to producers under the initial CFAP effort.
Information on the second CFAP effort could come “very shortly after Labor Day,” Perdue said.
Welcome
