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Wednesday, October 14, 2020

CFAP Payouts Continue to Rise

Payments under the Coronavirus Food Assistance Program 1 (CFAP 1) totaled $10.22 billion as of October 11, including $5.0 billion for livestock, $2.6 billion for non-specialty crops, $1.8 billion for dairy, $769 million for specialty crops and $108 million for aqua, nursery and flora crops.

As for CFAP 2, USDA said that payments as of October 13 total $4.5 billion as of October 13, including $2.4 billion in acreage-based payments, $1.3 billion for livestock, $452 million for dairy, $376 million for sales commodities and $109 million for eggs/broilers. By commodity, $1.4 billion has gone for corn (21.2% of the total), $1.0 billion for cattle, $534 million for soybeans and $452 million for milk.

On a state level, $449 million has been paid out in Iowa, $352 million in Illinois, $347 million in Nebraska, $343 million in Minnesota, and $277 million in Wisconsin.