Source: Tyne Morgan, AGWEB, 7/27/20


As commodity prices continue to reel the impacts of COVID-19 on demand and market prices, Coronavirus Food Assistance Payments (CFAP) continue to roll out. According to American Farm Bureau Federation, as of July 20, USDA had made $6.2 billion out of a possible $16B in CFAP payments. The largest chunk went to cattle producers, totaling $2.7 billion, followed by dairy at $1.3 billion in payments. The third largest sector to receive payments is corn farmers, receiving a total of $1.3 billion so far.

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