USDA announced the Farmer Bridge Assistance payment rates on Dec. 31.
- USDA is expected to send producers a pre-filled application via email or mail.
- Producers should review the application and submit it through the local FSA or online.
- Payments are expected to be made by February 28.
- The FBA payment limit is $155,000 per producer.
- The average adjusted gross income (AGI) limitation relating to limits on payments for persons or legal entities, excluding joint ventures and general partnerships, with certain levels of AGI apply. Specifically, a person or legal entity with an AGI (as defined in 7 CFR Part 1400) that exceeds $900,000 is not eligible to receive FBA payments.
