CFAP Applications: Act Fast and Leverage Technology for Success
By now, farmers are months into managing their business through a global pandemic with no guidebook, user manual, or advice from prior generations that can be used for reference, writes Granular’s Julie DiNatale at CropLife. It is all new to everyone, and the financial pressures on U.S. farmers and ranchers are growing quickly, as marketing expenses are increasing and prices continue to decline. Speculation has circulated about potential ag-specific funding from the USDA for a while. Now, help in the form of $16 billion is available.
The funding available through USDA’s Coronavirus Food Assistance Program (CFAP) is not unlimited, so being early will be important given the CFAP applications will be processed on a first come, first serve basis. Payments to farmers could be processed and distributed as early as June. Many believe this is just the start of relief and is intended to bridge some of the losses while market demand returns as the U.S. reopens and recovers.
Regardless of the number of dollars or the number of rounds available, if farms choose to apply, it will undoubtedly be advantageous to be early in the application process. Not only to get the financial support in hand, but also for peace of mind. Many small businesses lost out on the first round of the Paycheck Protection Program (PPP) loans because they weren’t fast enough to apply, and there are a few tips and tricks for how farmers can potentially avoid that by leveraging technology.
So how do you be one of the first applications in for review? On-farm technology adoption can be the difference in the ease of the application process. And it can be tricky given the normal seasonal pressures of running an operation, combined with the tidal wave of requests and applications heading to the FSA offices.
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Tips For a Successful Application Process
Call the local FSA office, request a phone appointment, and confirm the easiest and fastest way to submit your completed application, whether it’s via email, fax or another route.
Collect the data needed now and have it ready. This can be particularly challenging with late-spring fieldwork demanding attention and possibly reduced office support teams because of the virus.
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