The Emergency Commodity Assistance Program (ECAP) provides up to $10 billion in total assistance to eligible producers who suffered economic losses related to increased input costs and falling commodity prices in the 2024 crop year, helping them to pay down debt and obtain financing for the 2025 crop year. Learn more about how upcoming ECAP payments will support U.S. farmers: https://lnkd.in/gHhYt92S
Signed into law on December 21, 2024, the American Relief Act extended the Agriculture Improvement Act of 2018 (also known as the 2018 Farm Bill) for one year, as well as provided disaster relief appropriations and authorities and economic assistance to farmers, through the Emergency Commodity Assistance Program (ECAP).??ECAP provides up to $10 billion in total assistance to eligible producers who suffered economic losses related increased input costs and falling commodity prices in the 2024 crop year, helping them to pay down debt and obtain financing for the 2025 crop year.?? Learn more about how upcoming ECAP payments will support U.S. farmers: https://lnkd.in/gHf3E8b5.