Farmers Will Soon Be Able to Start Applying for Stimulus Funds - Modern Farmer

Farmers Will Soon Be Able to Start Applying for Stimulus Funds

Farm bankruptcies rose by 23 percent in March.

Photography by Elitprod on Shutterstock

After the long weekend, farmers will be able to start applying for some much needed financial relief. 

On Tuesday, President Donald Trump and USDA chief Sonny Perdue released the details of a previously announced $16-billion aid program for farmers and ranchers. Starting May 26, farmers will be able to apply for up to $250,000 in direct payments through the fund called the Coronavirus Food Assistance Program (CFAP). 

To qualify for the program, farmers must have suffered a price loss of at least 5 percent due to the COVID-19 pandemic, and must have significant additional marketing costs. Farmers can sign up through the Farm Service Agency

The funds won’t start flowing fast enough for farmers, who have experienced huge losses during the pandemic. Many farmers have been struggling with supply chain disruptions since the hospitality industry largely evaporated overnight in mid-March. Meat plant shutdowns and labor shortages also haven’t helped. In March, farm bankruptcies increased by 23 percent from the previous year. 

The USDA announced the CFAP in mid-April along with a $3-billion program called the Farmers to Families Food Box, which buys fresh produce, dairy and meat from farmers to feed people in need. The CFAP will draw from $9.5 billion passed by Congress in the CARES Act. The remaining $6.5 billion will come from the Commodity Credit Corporation.

The eligible crops, livestock and produce for financial assistance under the CFAP include the following:

-Non-specialty crops:
Malting barley, canola, corn, upland cotton, millet, oats, soybeans, sorghum, sunflowers, durum wheat, and hard red spring wheat

-Wool

-Livestock:
Cattle, hogs, lambs and yearlings

-Dairy

-Specialty crops:
Fruits: apples, avocados, blueberries, cantaloupe, grapefruit, kiwifruit, lemons, oranges, papaya, peaches, pears, raspberries, strawberries, tangerines, tomatoes, watermelons
Vegetables: artichokes, asparagus, broccoli, cabbage, carrots, cauliflower, celery, sweet corn, cucumbers, eggplant, garlic, iceberg lettuce, romaine lettuce, dry onions, green onions, peppers, potatoes, rhubarb, spinach, squash, sweet potatoes, taro
Nuts: almonds, pecans, walnuts
Other: beans, mushrooms

To find out more about eligibility requirements for the CFAP, click here.

 

 

Subscribe
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

1 Comment
Most Voted
Newest Oldest
Inline Feedbacks
View all comments
Deborah Arismendez
14 days ago

Where can I get assistance with ranchers and farmers pandemic covid19

Related
Farm Favorites
Read the latest reviews on our favorite products.
Immigrants Feed America

Immigrants Feed America t-shirts are back – find them at the Modern Farmers Market

Things We Love: AKUA Kelp Jerky

If you told me there was a jerky snack made out of kelp - yes,... (more)

Things We Love: CleverMade Snapbasket Cooler

It can keep up to 50 cans chilled for up to 36 hours and collapses... (more)

Things We Love: Republic of Tea Daily Greens Single Sips

It's like green juice: but way easier.

More shopping