Originally released November 3, 2020.
BROOKINGS, S.D. - The I-29 Moo University webinar series continues with a presentation by Megan Roberts, Minnesota Extension Ag Business Management Specialist, on Wednesday, November 4. The webinar will be live from noon to 1 pm. There is no registration required to attend.
Covid-19 brought farms many challenges, as well as several new governmental programs to decipher, including the Paycheck Protection Program (PPP), the Coronavirus Food Assistance Program (CFAP 1 & 2) and mandatory Families FIRST Act employee sick leave.
The Nov. 4 presentation will dive into what we do and don't know about how these government programs work as we approach the end of 2020. Topics discussed will include PPP forgiveness application changes, tax considerations and the upcoming CFAP 2 deadline, which is December 11.
“Producers will gain first-hand knowledge on how the CFAP 2 program is being funded and how those funds can be accessed by producers and then what it will pay out and the amount that it could pay back to their operation,” said Tracy Erickson, SDSU Extension Dairy Field Specialist.
That is important because it is different from the CFAP 1 program regarding how the funds will doled out, Erickson said. Producers need to understand the differences between the two programs and what is going to be made available to them. It will also provide producers with a better understanding of the PPP program and how that impacts their operation.
Megan Roberts is a University of Minnesota Extension educator in ag business management. She holds both bachelor’s and master’s degrees from the University of Minnesota and a doctorate from Texas A&M University. Megan's roots in agriculture come from growing up on a dairy farm and she currently resides on a hog and crop farm in southern Minnesota with her husband and son.
No registration is required. Producers can log on to the presentation online.
For more information contact the following I-29 Moo University collaborators Fred Hall, ISU Extension: 712.737.4230. Jim Salfer, University of Minnesota: 320.203.6093. Tracey Erickson, SDSU Extension: 605.882.5140 or Kim Clark, UNL Extension: 402.350.5003.
The I-29 Moo University Collaboration was established as a multi-state learning community. The I-29 Moo University Collaboration connects extension dairy staff and dairy producers from North Dakota, South Dakota, Minnesota, Iowa and Nebraska to share research, information and management practices through workshops, webinars, monthly e-newsletters, podcasts and on-farm tours. For more information about the I-29 Moo University Collaboration and programs go to their webpage.