# Hoeven: USDA Releases Final Details for Direct Assistance to Farmers and Ranchers, Sign-Up to Start May 26

> Senator John Hoeven announced that the USDA released final details for the $16 billion in direct CFAP assistance, with sign-up starting May 26. Producers will initially receive 80% of their payment, with the rest paid later in the year, and payments capped at $250,000 per individual. Hoeven said the aid is meant to help cattle producers facing low prices.

- Date: 2020-05-19 · published 2020-05-19T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/53129-hoeven-usda-releases-final-details-for-direct-assistance-to-farmers-and
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Direct cash to cattle and other producers can support herd retention and feed use during price weakness. The payment schedule means relief arrives in June, which affects near-term producer decisions.

## Read by commodity

- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-01-06 | [Deforestation: proposed EU import ban may fail to protect tropical rainforests and farmers – here’s how it should work](https://feedsoft.ai/events/37818-deforestation-proposed-eu-import-ban-may-fail-to-protect-tropical-rainforests.md) | +0.0% | -0.1% |
| LCATTLE | 2021-07-09 | [USDA Announces $500 Million for Expanded Meat & Poultry Processing Capacity as Part of Efforts to Increase Competition, Level the Playing Field for Family Farmers and Ranchers, and Build a Better Food System \| USDA](https://feedsoft.ai/events/46061-usda-announces-500-million-for-expanded-meat-and-poultry-processing-capacity-as.md) | +0.1% | +0.5% |
| LCATTLE | 2024-10-30 | [USDA to Issue More than $235 Million to Farmers Hit by Natural Disasters, Including Hurricane Milton](https://feedsoft.ai/events/27844-usda-to-issue-more-than-235-million-to-farmers-hit-by-natural-disasters.md) | -1.3% | -1.6% |
| LCATTLE | 2025-08-07 | [For Argentine farmers, Milei's free-market reforms fall short](https://feedsoft.ai/events/13842-for-argentine-farmers-milei-s-free-market-reforms-fall-short.md) | -0.4% | +0.5% |
| LCATTLE | 2022-06-07 | [Due Diligence Requirements to Tackle Deforestation: An overview of the EU and British proposals \| International Institute for Sustainable Development](https://feedsoft.ai/events/40966-due-diligence-requirements-to-tackle-deforestation-an-overview-of-the-eu-and.md) | +1.2% | +3.6% |

## Sources

- hoeven.senate.gov: https://www.hoeven.senate.gov/newsroom/press-releases/hoeven-usda-releases-final-details-for-direct-assistance-to-farmers-and-ranchers-sign-up-to-start-may-26

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