Next wave of CFAP starts Monday
While in Wisconsin Thursday, President Trump announced the rollout of the program and USDA Friday morning launched the details. Payments will be made up to $14 billion according to Trump.
Producers that experienced COVID-related losses from mid-April through the end of this year are eligible if they had a five percent price decline during that period for some commodities.
Livestock, poultry, and dairy payments will be based on production history or inventories, including $1.20 per hundredweight for dairy farmers. Other rates include $55 per head for beef cattle, $23 for hogs and pigs, and $27 per head for lambs and sheep. Goat’s milk is also eligible for the program.
Payments have been set as a flat rate for some crops including alfalfa, extra-long staple cotton, oats, peanuts, rice, and hemp.
Producers could also receive payments based on declines in sales for commodities such as specialty crops, nursery and floriculture, and some not listed in other categories. Additional commodities are eligible in this second program, including cherries, that did not meet requirements of CFAP1.
Signup starts September 21 and runs through December 11.