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President Trump announces $13 billion for CFAP2, coming soon

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On Thursday night during a campaign rally in Wisconsin, President Donald Trump announced a new round of pandemic assistance to farmers. Trump told attendees that next week his administration will make the announcement of about $13 billion in aid going towards farmers.

During the speech, Trump said, ” “I’m proud to announce that I’m doing even more to support Wisconsin farmers. Starting next week, my administration is committing an additional — you’ve been asking for this for a long time — $13 billion in relief to help farmers recover from the China virus, including Wisconsin’s incredible dairy, cranberry, and ginseng farmers that got hurt badly.”

While the agriculture industry is excited to hear about the second round of Coronavirus Food Assistance Program (CFAP), they will have to wait to hear more details next week. President Trump was not specific on how this aid would be applied, who exactly would benefit, or where the money would come from at this time.  

The National Milk Producers Federation thanked Trump and Agriculture Secretary Sonny Perdue for providing additional support to dairy through its latest round of disaster assistance to agricultural producers, as well as Congress for providing the funding in the CARES Act in the spring.

“Federal dairy assistance has been critically needed as the nation’s dairy farmers face economic uncertainty and markets that remain anything but normal,” said Jim Mulhern, president and CEO of NMPF. “We look forward to learning more of the plan’s details to better understand how this will help producers who have been dealing with COVID-19 disruptions, challenges compounded in recent days by natural disasters.”

U.S. Senator Pat Roberts, R-Kan., Chairman of the Senate Committee on Agriculture said “Once again, I thank President Trump and Secretary Perdue for their efforts to ensure American farmers, ranchers, and growers can continue to feed the country and the world amidst depressed commodity prices and disrupted markets. I have heard directly from our farmers and ranchers about the harsh conditions in farm country. I will continue to advocate for certainty and predictability for agricultural producers, especially during these challenging and unprecedented times.”

The Coronavirus Food Assistance Program has already distributed one round of direct payments to agricultural producers whose markets have been disrupted or lost due to the pandemic. On August 11, USDA announced approximately 60 additional commodities that would be eligible for assistance under CFAP. 

Any views or opinions expressed in this article are those of the author and do not reflect those of AGDAILY. Comments on this article reflect the sole opinions of their writers.
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