CFAP 3 might bring farmers higher payments than before

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CFAP 3 might bring farmers higher payments than before

Farmers could see increased payments in a potential third round of the Coronavirus Food Assistance Program.

National Corn Growers Association Vice President of Public Policy Brooke Appleton said congress passed the Consolidated Appropriations Act in December…

“Included in that package was an additional $20 per acre payment for CFAP program,” she said. “As well as it gave the USDA the authority to provide support for ethanol producers impacted of course by the drop in demand that we saw throughout last year whenever the pandemic hit.”

She said the Biden administration placing a hold on CFAP payments in January is standard procedure when a new administration takes over. But Appleton says there are a few questions around the program.

“The department has not yet announced details or a time line for assistance or how they’re going to approach assisting biofuels,” Appleton said. “They’re waiting on Secretary Vilsack to be confirmed so we can assume, once he gets there, this is going to be one of the first things that he’s going to have to tackle.”

So far, nearly $24 billion has gone to farmers through the CFAP program, about $5 billion has gone to corn producers. Appleton presented on a Nebraska Corn Growers webinar last week.