The USDA has announced that it will begin issuing more than $223 million in Pandemic Assistance Revenue Program payments. These payments help producers who suffered a decrease in allowable gross revenue due to the COVID-19 pandemic for the 2020 calendar year.
Eligible PARP applicants must have been in the business of farming during at least part of the 2020 calendar year and had a 15% or greater decrease in allowable gross revenue for the 2020 calendar year, as compared to a baseline year. PARP benefits help address gaps in previous pandemic assistance, which was targeted at price loss or…