USDA has made $8.8 billion in payments under the Coronavirus Food Assistance Program 2 (CFAP 2) as of November 1, including $4.4 billion in acreage-based payments, $2.4 billion for livestock, $1.04 billion for sales commodities, $876.9 million for dairy and $21.7 million for eggs/broilers.
By commodity, the payouts include $2.5 billion for corn, $1.9 billion for cattle, $982.2 million for sales commodities, $946.8 million for soybeans, $876.9 million for milk, $461.9 million for wheat, $418.6 million for hogs/pigs, and $195.2 million for upland cotton.
Iowa continues to lead all states with $870.4 million, followed by Nebraska at $603.8 million, Minnesota at $598.8 million, Illinois at $567.0 million, California at $468.6 million, Kansas at $451.3 million, South Dakota at $406.2 million and Wisconsin at $406.1 million.
CFAP 1 payments total $10.3 billion as of November 1, with payouts of $1 billion or more for three commodities—$4.3 billion for cattle, $1.8 billion for corn and $1.8 billion for milk.
The funds continue to provide a financial infusion for U.S. agriculture, but prospects are uncertain for 2021 as a lack of these ad hoc payments will result in a major downturn in forecast U.S. farm income.