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Wednesday, December 16, 2020

CFAP 2 Payments Near $12.5 Billion

Payments under the Coronavirus Food Assistance Program 2 (CFAP 2) totaled $12.47 billion as of December 13, including $6.02 billion in acreage-based payments, $3.3 billion for livestock, $1.98 billion in sales commodities, $1.13 billion for dairy, and $45.0 million for eggs/broilers.

USDA said that 838,689 applications were approved. Payments for nine commodities total $100 million or more include corn ($3.29 billion), cattle ($2.69 billion), sales commodities ($1.91 billion) soybeans ($1.26 billion), milk ($1.13 billion), wheat ($681.5 million), hogs/pigs ($522.2 million), upland cotton ($290.3 million) and alfalfa ($135.0 million).

Payments in nine states total $500 million or more are led by Iowa ($1.12 billion), California ($894.8 million), Nebraska ($823.2 million), Minnesota ($795.0 million), Illinois ($777.9 million), Texas ($645.5 million), Kansas ($637.1 million), South Dakota ($542.4 million), and Wisconsin ($504.5 million).

Under the CFAP 1 effort, payments totaled $10.53 billion with 652,179 applications approved.