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Wednesday, September 16, 2020

CFAP Payments Close In On $10 Billion

Payments under the Coronavirus Food Assistance Program (CFAP) increased to $9.9 billion as of September 13, including $4.9 billion for livestock, $2.6 billion for non-specialty crops, $1.7 billion for dairy and $647 million for specialty crops.


Payments for cattle make up the biggest share at $4.2 billion out of the $4.8 billion paid out for livestock. Payments for hogs are at $597 million. The $2.6 billion for non-specialty crops accounts for 26% of all payments, with $1.7 billion of that for corn, $499 million for soybeans, and $255 million for upland cotton.


Payouts by state have shifted slightly, with Iowa still the top state at $961 million, followed by Nebraska ($701 million), California ($606 million), Minnesota ($601 million and Texas ($598 million. Wisconsin is the only remaining state at $500 million or more at $519 million.


It is not clear how much the totals for CFAP will increase in coming reports as the signup deadline was September 11.