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ERP Phase 2 Payout Percentage
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ERP Phase 2 Payout Percentage

It appears that USDA may have paid out 100% of the ERP Phase 2 claims.

Paul Neiffer's avatar
Paul Neiffer
Oct 05, 2023
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ERP Phase 2 Payout Percentage
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corn field
Photo by Jesse Gardner on Unsplash

USDA rushed out the ERP Phase 2 claims last week in anticipation of a government shutdown.

USDA originally estimated that there would be total claims of $1.5 billion with $1.2 billion budgeted for those claims. This means that only 80% of the claims would be paid.

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