Estimated ERP Phase 2 Payouts

USDA assumes that $1.504 billion of ERP Phase 2 claims will be filed by July 14, but we believe the final number will be much lower. Here’s a rundown from Paul Neiffer.

Money, U.S. dollars
Money, U.S. dollars
(Photo: Andy Dean, Adobe Stock)

USDA estimated $1.504 billion of claims for ERP Phase 2, but only budgeted $1.2 billion. They also estimated $2.662 billion of PARP claims but only budgeted $250 million.

In the attached audio recording, we review how much we think the actual final claims might be for ERP Phase 2 and PARP. We believe the final numbers will be lower than their projections. We will keep you posted.

Here is a link to the recording.

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