WHIP+ and QLA Payments to Begin
More than $1 billion in payments will be released over the next several weeks for agricultural producers with approved applications for the Quality Loss Adjustment (QLA) Program and for producers who have already received payments through the Wildfire and Hurricane Indemnity Program Plus (WHIP+). These USDA programs provide disaster assistance to producers who suffered losses […]
Supplemental CFAP Payments Paused
USDA has suspended $2.3 billion in supplemental Coronavirus Food Assistance (CFAP) payments to farmers. Most of the money is going to contract hog and poultry growers and others who were left out of earlier programs. The Biden Administration put these payments on hold while it reviews the regulations taken during the final days of the […]
Over $7 Billion Paid in CFAP 2 Payments
During the first month of the signup period, USDA approved more than $7 billion in the second round of the Coronavirus Food Assistance Program. Through CFAP 2, USDA is making $14 billion of assistance available to farmers and ranchers. Iowa received more payments than any other states with $778 million. A total of $510 million […]
Prevent Plant ‘Top Up’ Payments to be Paid in October
Farmers who filed a prevent plant claim will automatically receive a ‘top-up’ payment. A ten percent payment will be made to farmers with Yield Protection and Revenue Protection with the Harvest Price Option. Those with Revenue Protection will receive 15 percent. “This has been such a tremendously tough year for producers and frankly, insurance guarantees […]
Transparency for Trade Damage Calculations
USDA has outlined how the rates were made for the new round of Market Facilitation Program payments. There is a countywide rate, but that was based on the estimated trade-related damages for various commodities. For dry edible beans, the commodity rate was at $8.22 per hundredweight. Soybeans were $2.05 per bushel, corn was at 14 […]
First Round of MFP 2.0 Payments Being Processed
Farmers should start receiving the first round of Market Facilitation Program payments very soon. According to USDA Farm Service Agency Administrator Richard Fordyce, the payment process began Wednesday for farmers with approved applications. “Over 200,000 applications have been received since sign up began on July 29,” says Fordyce. Farmers should expect to see up to […]
