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CFAP Ineligible Commodities and How to Become Eligible

CFAP Ineligible Commodities and How to Become Eligible

Released Wednesday, 27th May 2020
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CFAP Ineligible Commodities and How to Become Eligible

CFAP Ineligible Commodities and How to Become Eligible

CFAP Ineligible Commodities and How to Become Eligible

CFAP Ineligible Commodities and How to Become Eligible

Wednesday, 27th May 2020
Good episode? Give it some love!
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Commodities that did not suffer a five percent-or-greater price decline from mid-January 2020 to mid-April 2020 are not eligible for the Coronavirus Food Assistance Program (CFAP). Specifically, this includes sheep more than two years old, eggs/layers, soft red winter wheat, hard red winter wheat, white wheat, rice, flax, rye, peanuts, feed barley, Extra Long Staple (ELS) cotton, alfalfa, forage crops, hemp, and tobacco.

BUT they will consider you if credible evidence is provided that supports a five percent price decline. 

Comments may be submitted through either of the following methods by June 22, 2020:
1. Federal Rulemaking Portal – Go to regulations.gov and search for Docket ID FSA-2020-0004. Follow the instructions for submitting comments. ( https://beta.regulations.gov/docket/FSA-2020-0004/document )
2. Mail – Director, SND, FSA, US Department of Agriculture, 1400 Independence Avenue SW, Stop 0522, Washington, DC 20250-0522

With the USDA's list of ineligible commodities, we do have a clearer understanding of what commodities are eligible.


⚠⚠⚠ To get to the webpage on the video click here ? https://www.farmers.gov/cfap


To watch our other videos about CFAP click below ??????
?How To Use the CFAP Payment Calculator- https://youtu.be/j6Nl1m7BH3c
?CFAP Update 2/26/20 - Application and Calculator are LIVE!- https://youtu.be/5-4KvnWmY90
?CFAP Update 5/23/20- Walking Through the Details- https://youtu.be/b0c8c77TDfw
? CFAP Update 5/20/20- What You Can Do Now!- https://youtu.be/MiAjBKtzKEM
?CFAP- 19 Billion Dollar Support to Farmers: How it Works | USDA Food Assistance Program- https://youtu.be/NrwQZgtF_d8


USDA Links- 
?CFAP Payment Calculator-  https://www.fsa.usda.gov/Assets/USDA-FSA-Public/usdafiles/cfap/cfap-payment-calculator-public-facing-version-1-final.xlsm
?Application Form- https://www.farmers.gov/sites/default/files/documents/AD3114_200519V01%20%20FINAL.pdf
?Coronavirus Food Assistance Program Overview- https://www.farmers.gov/cfap?utm_medium=email&utm_source=govdelivery
?Find your FSA Service Center- farmers.gov/service-center-locator
?USDA's Payment Calculator Preview- https://www.youtube.com/watch?v=Rne7_cIVeFU&feature=youtu.be


#CFAP #coronavirusfoodassistanceprogram #19billiondollarfarmaid #USDA #USDAfoodassistanceprogram #farmserviceagency #fsa #stillfarming
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AGC Solutions does not provide tax, legal or accounting advice. This content has been prepared for informational purposes only and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Also, tax law is ever-changing and every effort should be made to seek out the most current information. Make sure to check date of published content to ensure most current information.

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