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Farmers Need More Time to Apply for CFAP

The American Farm Bureau Federation is asking USDA to extend the deadline to apply for the Coronavirus Food Assistance Program (CFAP). In January, an additional $13 billion in assistance was made available to help farmers and ranchers who are suffering losses due to the COVID-19 pandemic. The current deadline is this Friday, February 26, but recent severe weather and the suspension of CFAP payments led to challenges and confusion surrounding the application process.

In a letter sent today to Agriculture Secretary Tom Vilsack, AFBF President Zippy Duvall said, “The recent Regulatory Freeze Pending Review on all new and pending executive actions, though common during a change in Administration, has created confusion for farmers and ranchers with respect to eligibility and the application process for the Coronavirus Food Assistance Program – Additional Assistance. Although Farm Service Agency offices continued to accept applications during the regulatory freeze, some farmers may have interpreted the implementation suspension to mean that the program was being modified or potentially terminated.”

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USDA surprised with higher 2026 U.S. corn yields but it’s early with just over 20% of the U.S. harvest complete. NE, IA and IL corn and soybean yields continue to hold up the national average corn and soybean yields.
U.S. corn crop conditions fell 3% to 54% G-E and NE corn yield goes up 11 bpa with the 2nd wettest to record wet month of September and harvest only 15% complete??????
Some regions in the U.S. had the hottest summer in 140 years while others had record flooding?????
The Black Sea region is worse not better.
Brazilian real rally.
Brazil looks dry into November.
+ CFTC.