Round 2 of USDA Direct Assistance to Farmers & Ranchers Impacted by the Coronavirus

• President Donald J. Trump and U.S. Secretary of Agriculture Sonny Perdue today announced up to an additional $14 billion for agricultural producers who continue to face market disruptions and associated costs because of COVID-19.

• LINK - USDA Press Release

Sign-up period:

• Start Date: Monday, Sept. 21st, 2020

• Deadline: Friday, Dec. 11th, 2020

Row Crops

• LINK - CFAP website for Row Crops

• Eligible Crops: CORN, SOYBEANS, WHEAT, alfalfa, oats, rye, sorghum, and many more.

• Eligible Acres:  2020 planted acres of the crop

  • excluding prevented planting and experimental acres

• Payment = Eligible Acres X the GREATER OF:

  1. $15 /ac acre; OR

  2. (a nationwide crop marketing percentage) X (a crop-specific payment rate) X (your 2020 weighted avg. crop ins. APH approved yield)

• Payment Examples:

  1. Corn - assuming a 170 bu/ac weighted avg. APH

     1. 40% x 58 c/bu = 23.2 c/bu x 170 bu/ac APH = $39.44 /ac

  2. Soybeans - assuming a 55 bu/ac weighted avg. APH

     1. 54% x 58 c/bu = 31.32 c/bu x 55 bu/ac APH = $17.22 /ac

• Table of Payment Factors by Crop

  • Marketing Percentage and Payment Rate

Other INFO:

• If the APH is not available, 85 percent of the weighted 2019 Agriculture Risk Coverage-County Option (ARC-CO) benchmark yield for that crop will be used.

Livestock

• LINK - CFAP website for Livestock