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
Discussions focused on rising costs and the future of farm policy.
U.S. Soybean Export Council CEO Jim Sutter joins us to discuss the impact of new trade development funding for U.S. soy.
Diversified risk tools help protect farm income.
Rural population growth supports long-term stability of the ag workforce.
Farm Credit’s Christy Seyfert joined us to discuss the ag industry’s push for swift Farm Bill action as it heads toward a House vote.
Bridge payments are helping, but many producers still face losses and tight margins. AEM’s Curt Blades joins us to discuss how the current farm economy is pressuring equipment demand.

LATEST STORIES BY THIS AUTHOR:

Watch Megan Shanley Warren, of Shanley Farms in Morro Bay, California, carry on her late father’s legacy, cultivating avocados and the tastiest fruit you haven’t yet discovered: finger limes.
The topic of this Firm to Farm blog post by RFD-TV agri-legal expert Roger McEowen is a potpourri of legal issues facing farmers and ranchers—farm bankruptcy, sovereign immunity, farm leases, and pipeline damages.
FarmHER to premiere on Tuesday, March 19th at 9 p.m. ET with 6 New Episodes; and RanchHER to premiere on Tuesday, April 30th at 9 p.m. ET with 6 New Episodes