Rural Money: Will farmers see the remaining $400 million in ERP Phase Two payments promised by the USDA?

Agriculture Accounting Expert Paul Neiffer joined us Friday on Market Day Report to take a further look.

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
Agriculture Freedom Zones reflect rising concern that data center growth must not strain rural grids or displace productive farmland.
From projected drops in input costs to biofuel expansion and the USDA’s new “One Farmer, One File” initiative, Ag Secretary Brooke Rollins shared key policy priorities at Commodity Classic that put farm issues back in the spotlight.
Liquidity management and cost control will matter most in 2026.
Food demand is stable but price-sensitive across rural markets. For agriculture and rural communities, the important signal is not optimism — it is stability.
Farm CPA Paul Neiffer provided insight on updated PLC rate estimates, the role of base acres, and the upcoming enrollment window for ARC and PLC programs.
Farm Bureau economist Danny Munch explains the importance of timely enrollment, and how the program helps dairy producers safeguard their operations against volatile milk markets.

LATEST STORIES BY THIS AUTHOR:

One of the job categories in agriculture facing a talent shortage is agronomy.
The University of Georgia College of Agricultural and Environmental Sciences recently opened its newest research and education center, once operated by the USDA.
Cargill’s beef processing plant in Schuyler, Nebraska, closed early Thursday due to a fire and ammonia leak.
Researchers at Iowa State University have identified a new strain of PED virus.