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Wednesday, December 2, 2020

CFAP 2 Payments Over $11.1 Billion

Payments under the Coronavirus Food Assistance Program 2 (CFAP 2) total $11.15 billion as of November 29.

Acreage-based payments total $5.5 billion and account for 49% of payments made, while livestock payments are at $3 billion, sales commodities are at $1.6 billion, dairy is at $$1.1 billion and eggs/broilers are at $44.35 million.

Payments for five commodities total $1 billion or more—corn ($3.0 billion), cattle ($2.4 billion), sales commodities ($1.6 billion), soybeans ($1.2 billion) and milk ($1.1 billion).

Iowa still leads all states at $1 billion, with the rest of the top five states being Nebraska ($755.8 million), California ($751.67 million), Minnesota ($719.8 million), and Illinois ($706.3 million).

Signup for CFAP 2 runs through December 11.