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Friday, October 9, 2020

USDA Reports $1.96 Billion Paid Out Under CFAP 2

USDA's Farm Service Agency has released information on payouts made under the Coronavirus Food Assistance Program 2 (CFAP 2), reporting that $1.96 billion had been paid out as of October 6.

The total includes $1.1 billion in acreage-based payments, $543.7 million for livestock, $203.9 million for dairy, $103.8 million in payments for sales commodities and $2.8 million for eggs and broilers.

By commodity, the payouts in this initial data included $687.3 million for corn, $414 million for cattle, $254.9 million for soybeans, $203.9 million for milk and $120.4 million for hogs/pigs.