USDA financial assistance program to support aquaculture producers - USA
Tuesday, September 22, 2020
USDA will provide an additional $14 billion for agricultural producers facing market disruptions and associated costs due to COVID-19. Unlike the first go-round of Coronavirus Food Assistance Program (CFAP) funding, this time aquaculture farmers are eligible for relief.
Coronavirus Food Assistance Program 2 (CFAP 2) will provide producers with financial assistance that gives them the ability to absorb some of the increased marketing costs associated with the COVID-19 pandemic.
Aquaculture eligible for CFAP 2 includes any species of aquatic organisms grown as food for human consumption, fish raised as feed for fish that are consumed by humans, and ornamental fish propagated and reared in an aquatic medium. Eligible aquaculture species must be raised by a commercial operator and in water in a controlled environment. This includes molluscan shellfish and seaweed that was previously covered under the U.S. Department of Commerce program.
Eligible sales only include sales of raw commodities grown by the producer. The portion of sales derived from adding value to the commodity, such as processing and packaging, and from sales of products purchased for resale is not included in the payment calculation.
For more information, visit www.farmers.gov.
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