Coronavirus Food Assistance Program (CFAP) Released
The USDA released more information on how the Coronavirus Food Assistance Program (CFAP) would be rolled out.
At first look, payment calculations may seem fairly complicated but farmers should focus right now on gathering information needed to be eligible for this program. Farmers will receive 80% of their eligible payment in a first installment and expect to receive the 20% in a second installment if funds still exist.
To qualify for the payment, the application must be filled out between May 26th and August 28th. In the meantime, farmers should check their records and begin compiling what is needed.
Many questions remain surrounding this program. Be sure to check reliable resources for additional information down the line. A more in-depth description with examples and charts can be found here provided by the University of Illinois.