Ag Secretary Perdue says the Coronavirus Food Assistance Program (CFAP) payments to farmers won’t be enough as COVID-19 related losses continue to sap the farm economy.
At a Michigan farm visit last week, Perdue said economists
are working on the numbers but it looks like the $16 Billion dollar program
won’t be enough to cover losses from the pandemic. Perdue says there are likely
long term impacts that will need additional offsets. He says USDA is reviewing
disaster program options for the extra $14 billion dollars approved by Congress
in the Commodity Credit Corporation that should be available this month.
