Our customers are at the heart of everything we do at Farm Credit Mid-America. If you have experienced financial hardships due to COVID-19, funding available through the Coronavirus Food Assistance Program (CFAP)* may be available to you, and we want you to have this important information.
On Tuesday, May 26, the USDA will begin accepting applications through the CFAP* from agricultural producers who have suffered losses. This program includes $16 billion in direct payments to producers to help offset impacts from the pandemic, including direct losses as well as additional adjustment and marketing costs.
In partnership with Watts & Associates, an organization that specializes in farm policy and agriculture economics, we have provided an overview on the intent of the Coronavirus Food Assistance Program, including the program design, eligibility and limitations, and signup resources. To view, please play the below video.
More information about the program and application requirements are available through the USDA’s website at www.farmers.gov/cfap.
*The information on this page is being provided for informational purposes only and may not be relied upon and does not bind Farm Credit Mid-America to the terms expressed above. All information is subject to change and prospective applicants are encouraged to refer to the publications about the CFAP from the United States Department of Agriculture for the most recent and accurate information. Farm Credit Mid-America does not provide Legal, Tax, or other professional advice and the foregoing shall not be construed as such.
