🌾Emergency Commodity Assistance Program (ECAP) Overview
Notice of Funds Availability (NOFA); Emergency Commodity Assistance Program (ECAP)
Summary
The Farm Service Agency (FSA) is issuing this notice announcing the funding for ECAP, which will provide economic assistance payments to eligible producers of eligible commodities for the 2024 crop year. ECAP is a new FSA program authorized by the American Relief Act, 2025. This notice also announces the eligibility (commodities, acres, producers, and losses), payment calculations, payment limitations, and how to apply (pre-filled application and any required adjustments) for ECAP.
Agencies
- Agriculture Department
- Farm Service Agency
Business Impact
$$$ - High
The content outlines the Emergency Commodity Assistance Program (ECAP) which allocates $10 billion in financial assistance to eligible producers, directly impacting their economic stability. It includes specific eligibility criteria, payment calculations, and deadlines, thereby forming a framework that business owners and executives in agriculture must navigate to access funding.