As of last week, USDA paid out just over $6 billion of the $16 billion in CFAP payments. One agricultural economist says without the full $16 billion, lower CFAP payments could change net farm income projections.
The pandemic continues to impact some dairy farmer’s bottom lines. Some dairy producers will likely receive a smaller milk check than they anticipated later this month due to the producer price differential (PPD).
Thirty-two million food boxes have been delivered as part of USDA’s Farmers to Families Food Box Program. The Food Bank of Northern Indiana shows how the program is making a difference in people’s lives.
Ag leaders and economists plan to go to USDA next month armed with data on why farmers will need another Market Facilitation Program (MFP) in 2020, according to Pro Farmer policy analyst Jim Wiesemeyer.