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Your Update from Ron Hays of RON
Wednesday, October 21, 2020
CFAP 2 Has Been a Big Help For Cow/Calf Prodcuers, Says NCBA's Ethan Lane
The second round of the Coronavirus Food Assistance Program (CFAP) payments has been a good boost for cow/calf producers, said Ethan Lane, NCBA vice president of government affairs.

Lane recently visited with me about the impact of CFAP 2 on cattle producers.

The first round of CFAP was rolled out in the spring and it was the first sign of direct assistance for cattle producers during the pandemic.

It was especially helpful for those who sold cattle before April 15, the arbitrary cutoff date assigned by the USDA, but for those selling cattle after April 15, the payments were not as helpful.

The way they structured that program in the first CFAP was too tight with low limits, Lane said.

Lane said CFAP 2 does “get us way down the road” for cow/calf producers.

Our damage estimate put together in the spring showed about a $13.6 billion economic impact from the COVID to the cattle industry, he said.

The cow/calf sector was the hardest hit due to the year around nature of the business with an estimated average damage of $111 per head, Lane said.

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