The U.S. Department of Agriculture is reminding farmers and ranchers that Friday is the deadline to apply for the Coronavirus Food Assistance Program.
The program is providing up to $16 billion in direct payments nationwide to farmers and ranchers impacted by the COVID-19 pandemic. Payments are capped at $250,000 per producer. More than 160 commodities are eligible.
The aid is coming from two funding sources: $9.5 billion through the federal CARES Act economic rescue package to compensate for losses due to price declines, and $6.5 billion through the Commodity Credit Corporation Charter Act to compensate for losses due to market disruptions.
“FSA offers several options for farmers and ranchers to apply for CFAP, including a call center where employees can answer your questions and help you get started on your application,” Farm Service Agency Administrator Richard Fordyce said in a statement.
For more information go to farmers.gov/cfap.
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