Emergency Relief Program (ERP) Phase Two payments currently total $768 million. However, the U.S. Department of Agriculture (USDA) announced that it would pay out more than $1 billion by September 30.
The discrepancy is leaving many farmers wondering: where are those additional funds?
Agriculture Accounting Expert Paul Neiffer joined us on Friday on the Market Day Report to take a further look at ERP Phase Two, which he said has not been well received by farmers.
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Brooks York with AgriSompo joins us to offer an update on what agents are prioritizing as the calendar year winds down.
Fair market value shapes taxes, transitions, lending, and sales, making accurate valuation essential for long-term planning.
Strong yields and higher cattle prices helped stabilize conditions, but weak crop prices and rising carryover debt remain major challenges for Eleventh District farmers.
Jake Charleston, with Specialty Risk Insurance, joins us now for an industry update and advice for cattle producers as they consider options for managing the risks of a murky market.
Crop producers face tightening credit and lower incomes, while strong cattle markets continue to stabilize finances in livestock-heavy regions.
Supplemental Disaster Relief Program Stage Two will disburse around $16 billion, approved by Congress last year. Sign-ups begin Monday, and producers have until April to return applications.
