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AG PRODUCERS HAVE RECEIVED $4 BILLION OF CFAP PAYMENTS SO FAR
Jun. 23, 2020
Agri-Pulse reports:
USDA has now distributed one-quarter of the $16 billion in CFAP payments. Livestock producers (cattle, hogs and sheep) continue to dominate the payments with just under $2 billion of the $4 billion that has been allocated so far, according to USDA's latest weekly report.
To view the report click here.
Soybeans, corn, wheat, cotton and other row crops have received just over $1 billion. Dairy producers have received $895 million. The remaining $84 million has gone to growers of fruits, vegetables and other specialty crops.
Iowa farmers have received $424 million so far - nearly 11% of the total payments nationwide - and far more than producers in any other state. Wisconsin is second with $286 million in payments, the bulk of which have gone to dairy producers.
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