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.
Related Stories
Consumer spending continues, but value-focused buying is on the rise.
Cooperatives may need changes to attract younger producers.
Nearly 50,000 cattle impacted as producers search for feed and recovery options
Pennsylvania Rancher Visits White House, Highlights Tax Cuts as Lifeline for Family-Owned Operations
Michael Cliver discusses his recent visit to the White House with the National Cattlemen’s Beef Association, and the Trump Administration’s “Working Families Tax Cuts” impact on ranching families.
Higher energy activity likely keeps fuel and fertilizer costs elevated.
SBA Administrator Kelly Loeffler breaks down the Grocery Guarantee Program, its goals for expanding farmer access to capital, and its potential impact on food production and prices.
