World Perspectives

USDA Releases Plan for Pandemic Assistance to Producers

USDA announced this week its plans for moving forward with COVID relief funds. On 27 January, the Biden USDA announced a freeze on processing and payment of CFAP funds until it conducted a review. This week’s plan was a product of that review. The funds to be divvied up came from the following: 

Under CFAP 1 and 2 there were unspent monies – a carry-over of about $2.3 billion.  

In January 2021, Congress passed the Omnibus Appropriations Act which provided another $11.2 billion at the Secretary’s discretion for agriculture COVID relief. This was for a third round of payments known as CFAP - Additional Assistance (CFAP-AA).  

Congress passed, and the President signed on 11 March, the...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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