What happened? What’s next? – ‘Butter,’ milk and a CFAP update
You’re busy milking cows, evaluating feed quality and wishing you were planning your annual trek to World Dairy Expo. With that in mind, Progressive Dairy looks at issues in the news impacting you and your dairy business.
USDA Not on Track to Hit $16 Billion in CFAP Payments
As of last week, USDA paid out just over $6 billion of the $16 billion in CFAP payments. One agricultural economist says with USDA not on track to release the full $16 billion, lower CFAP payments could also change 2020 net farm income projections. ( MGN )
CFAP dairy payments move above $1 billion plateau
U.S. dairy producers have received more than $1.04 billion in direct payments through the Coronavirus Food Assistance Program (CFAP) as of June 29. Dairy applications processed by USDA Farm Service Agency (FSA) offices stood at 17,633.
CFAP dairy payments top $895 million through June 22
U.S. dairy producers received more than $895 million in direct payments through the Coronavirus Food Assistance Program (CFAP) as of June 22. Dairy applications processed by USDA Farm Service Agency (FSA) offices stood at 15,222.
Dairy industry hoping to weather current storm
Chris Galen is the senior vice president of member services and strategic initiatives for the National Milk Producers Federation (NMPF) in Arlington, Va.
Dairy briefs
News from dairy processors, suppliers and associations.
What dairy farmers need to know about CFAP
If you are a dairy farmer whose operation has been directly impacted by coronavirus, you are likely to be eligible for direct support through USDA’s Coronavirus Food Assistance Program (CFAP). CFAP provides support to producers who have suffered a five percent-or-greater price decline due to COVID-19.
Weekly Digest: April dairy cow slaughter high despite meat plant challenges
April dairy cow slaughter high despite meat plant challenges.
NMPF outlines CFAP assistance for dairies
Dairy farmers can begin applying for direct payments for losses they incurred due to the coronavirus pandemic on May 26 through USDA’s Coronavirus Food Assistance Program.
EXCELLENT NEWS – Cheese Inventories are Currently in Check and the COVID-19 CFAP Program Will Bring Additional Improvements
The dairy industry is in turmoil. Milk is being dumped, April Class III prices were extremely low, food service sales of dairy products are way down, and there is no clear path for the U.S. or global economies to return to normalcy. However, recently, futures prices for Class III milk and cheese have risen significantly.
