$7.3 Billion of ECAP has Been Paid

Almost $3 billion has been paid to corn growers and Iowa is still in the lead for most paid to one state

Photo by Gabriel Tomaz on Unsplash

USDA has updated their ECAP dashboard for this week and farmers have now received over $7.3 billion of ECAP aid.

Corn aid is at almost $3 billion, soybeans at $2 billion and wheat is at $933 million with cotton right behind at $705 million.

It is expected that Texas farmers may end up with the most aid, however, that state is still in third place.

We are still about $1.2 billion away from hitting the $8.5 billion limit on the first phase of payments, therefore, we are getting closer to getting the remaining full 15% paid out.