Farmer Bridge Assistance Program

Since the USDA announced the farm bridge assistance program, more details have come out regarding commodity payments rates and the amount allocated. $11 billion will go to row crop commodities such as corn, rice, cotton, and soybeans. Specialty crops will receive around $1 billion.

As shown above, the corn payment rate was $44 per acre. Wheat followed at $39 per acre and soybeans at $31 per acre. These payments are required to be paid out by February 28^th, but no official timeline has been released. These payments will be based on Farm Acreage Reports. American Farm Bureau estimates corn to receive around $4.3 billion, soybeans to receive $2.479 billion and wheat to receive $1.905 billion.

American Farm Bureau analyzed at these rates what states are estimated to receive. Nebraska is set to receive an estimated $674 million. Iowa is estimated to receive $893 million and Kansas is estimated to receive $888 million. Texas is set to receive the most at $1.068 billion. Nebraska came in at the lower range in the Midwest due to the wheat and corn rates boosting many of our neighbors like Kansas and Iowa.

Kansas is estimated to receive $888 million. Texas is set to receive the most at $1.068 billion. Nebraska came in at the lower range in the Midwest due to the wheat and corn rates boosting many of our neighbors like Kansas and Iowa.

Specialty crop rates have not been released but $1 billion has been set aside. This would include commodities like sugar or popcorn.

For questions related to this program, please contact the USDA at [email protected].