# USDA’s Coronavirus Food Assistance Program: Round One (CFAP-1) - EveryCRSReport.com

> A CRS report explains USDA's CFAP-1 program, a $16 billion direct payment program for producers hit by commodity price declines and COVID-19 supply disruptions. The payments are funded by CARES Act spending and CCC authority, and the rule was released May 19, 2020.

- Date: 2020-06-04 · published 2020-06-04T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/52595-usda-s-coronavirus-food-assistance-program-round-one-cfap-1-everycrsreport-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Direct payments support farm incomes and can keep acreage and output steady despite weak prices, which limits the supply response that would otherwise tighten feed grain markets.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-10-05 | [U.S. Farm Policy: Revenue Support Program Outlays, 2014-2020 - EveryCRSReport.com](https://feedsoft.ai/events/50628-u-s-farm-policy-revenue-support-program-outlays-2014-2020-everycrsreport-com.md) | +0.6% | +5.8% |
| CORN | 2022-09-22 | [Farm Bill Primer: Farm Safety Net Programs - EveryCRSReport.com](https://feedsoft.ai/events/39577-farm-bill-primer-farm-safety-net-programs-everycrsreport-com.md) | -2.8% | +1.3% |
| CORN | 2019-08-12 | [Farm Policy: USDA’s 2019 Trade Aid Package - EveryCRSReport.com](https://feedsoft.ai/events/57590-farm-policy-usda-s-2019-trade-aid-package-everycrsreport-com.md) | -6.0% | -8.6% |
| CORN | 2018-09-12 | [Farm Policy: USDA’s 2018 Trade Aid Package - EveryCRSReport.com](https://feedsoft.ai/events/62893-farm-policy-usda-s-2018-trade-aid-package-everycrsreport-com.md) | -2.5% | -0.1% |
| CORN | 2017-04-25 | [Farm Bill Primer: Trade and Export Promotion Programs - EveryCRSReport.com](https://feedsoft.ai/events/71479-farm-bill-primer-trade-and-export-promotion-programs-everycrsreport-com.md) | +2.1% | +4.1% |
| SOY | 2020-10-05 | [U.S. Farm Policy: Revenue Support Program Outlays, 2014-2020 - EveryCRSReport.com](https://feedsoft.ai/events/50628-u-s-farm-policy-revenue-support-program-outlays-2014-2020-everycrsreport-com.md) | +4.4% | +3.5% |
| SOY | 2022-09-22 | [Farm Bill Primer: Farm Safety Net Programs - EveryCRSReport.com](https://feedsoft.ai/events/39577-farm-bill-primer-farm-safety-net-programs-everycrsreport-com.md) | -3.6% | -6.1% |
| SOY | 2019-08-12 | [Farm Policy: USDA’s 2019 Trade Aid Package - EveryCRSReport.com](https://feedsoft.ai/events/57590-farm-policy-usda-s-2019-trade-aid-package-everycrsreport-com.md) | -0.7% | -3.3% |

## Sources

- everycrsreport.com: https://www.everycrsreport.com/reports/R46395.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.