Beef Buzz News
Danielle Beck, NCBA, Explains How Cattle Producers Can Receive Round Two CFAP Payments
Mon, 21 Sep 2020 08:35:06 CDT
Continued market disruptions resulting from the COVID-19 pandemic prompted President Trump and USDA Secretary Sonny Perdue to announce an additional $14 billion Coronavirus Food Assistance Program (CFAP) payments for agricultural producers.
Ron Hays Beef Buzzes With Danielle Beck
Danielle Beck, senior director of government affairs for the National Cattlemen's Beef Association says the $14 billion package includes an inventory payment for cattle producers.
We're thrilled that more assistance is being paid to our cattle producers, Beck said.
The NCBA staffer said this second round of CFAP payments will be structured similarly to round one.
Any producer can calculate their payment by taking their highest known inventory of eligible livestock from April 16 to Aug. 31, using a rate of $55 per head, Beck said.
Breeding cows and bulls are not eligible. Only marketable cattle, including calves born this year, and replacement stock intended for breeding, are eligible.
Beck emphasized there are still some gaps for specific segments of the industry, and they are working with Congress to aid in future relief packages.
It's important to remember these are separate programs with separate payment limitations in place so if a producer maxed out on CFAP round one, you will have a fresh limit for round two.
Beck made her comments during the current edition of the Beltway Beef Podcast.
The NCBA has an excellent section to help beef producers obtain round two CFAP payments on their website.
Click here to view that section.
In addition, Scott Biggs, executive director of the Oklahoma office of the Farm Service Agency said hard winter wheat producers are eligible for round two CFAP payments this time around which will help cattle producers who also plant wheat.
Click on the LISTEN BAR below to hear more comments from NCBA's Danielle Beck.
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