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Farmers Awaiting Aid Details

Any day now, USDA Secretary Sonny Perdue is expected to announce a second round of Coronavirus Food Assistance Program (CFAP) payments, using $14 billion Congress provided through the CARES Act, a coronavirus relief package enacted in March. In addition, Congress is also expected to send additional funds to USDA for future aid as needed. The details of what the second CFAP program will look like have yet to be released, but many are expecting it to be structured more similar to the second round of Market Facilitation Program (MFP) payments than the first CFAP program, which only covered unsold crops impacted by price swings experienced from January through April of this year.

More below:

https://www.agweek.com/news/government-and-politics/6632496-USDA-prepares-for-more-coronavirus-aid

https://www.dtnpf.com/agriculture/web/AG/news/farm-life/article/2020/08/31/ag-secretary-perdue-talks-disasters