The White House Office of Management and Budget on Friday, May 15, completed its review of the U.S. Department of Agriculture’s (USDA) plans to provide farmers with $16 billion in direct payments through the Coronavirus Food Assistance Program. That approval means USDA could announce signup for the COVID-19 relief program any day.
Although the program signup is not currently open, USDA is urging farmers and ranchers to begin several steps of the application process ahead of time.
Under the CARES Act, USDA will distribute $16 billion to farmers and ranchers affected by COVID-19. The program is open to farmers and ranchers regardless of size or market outlet if they suffered an eligible loss.
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