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
Austin Rice with Specialty Risk Insurance shares guidance on handling storm damage, navigating the insurance claims process, and managing risk during a volatile planting season.
High input costs and persistant drought is pushing Midwest growers to rethink planting decisions.
RFD News correspondent Frank McCaffrey spoke with the Texas Shrimp Association at the Port of Brownsville about the future of the USDA’s new Office of Seafood.
Food inflation is still building in 2026, with beef leading pressure while eggs and dairy offer some relief.
Diesel has eased for now, but the larger 2026 energy outlook still points to elevated fuel costs.
Discussions focused on rising costs and the future of farm policy.

LATEST STORIES BY THIS AUTHOR:

Take a tour of Misilla’s late spring garden on The New Crop’s Learn to Grow!
Happy Independence Day from all of us at RFD-TV! We pulled together a playlist of some of our favorite country songs to play this Fourth of July!
A new study identified compounds within a “failed” tuberculosis treatment that effectively fight some herbicide-resistant “superweeds” in Australia. Researchers say their findings could be a “game-changer for the agriculture sector.”
Dennis Quaid has been very busy lately — whether he is entertaining us on-screen in an array of iconic roles or serenading us on-stage as the frontman of Dennis Quaid & The Sharks — we have a lot to ask the acclaimed actor & singer-songwriter when he visits RFD-TV’s TalkShopLive!
Customers have reported a 55-percent reduction in the use of antibiotics as a result of the new technology.