PARP and Tax Deadline

We are getting questions from farmers and accountants wondering if Pandemic Assistance Revenue Program (PARP) payments are still going to be made in 2023.

tax time
tax time
(Farm Journal)

We are getting questions from farmers and accountants wondering if Pandemic Assistance Revenue Program (PARP) payments are still going to be made in 2023. Many are tidying up taxes for 2023, so they’re getting antsy.

A USDA official told us: “You are correct, the end of year always becomes sensitive with FSA issuing program payments due to the potential tax burden and providing producers the opportunity to prepare, not to mention the burden on staff that are trying to use leave during the holidays. We are currently waiting for the Secretary’s office to give us the green light to process. I would say that if we don’t get the green light this week to process those payments by next week, there is a chance that these payments will wait until after the first of the year.”

Get the latest PARP updates, policy news and market insights from Pro Farmer. View membership options.

AgWeb-Logo crop
Related Stories
Adjusting for inflation, the average size of farm operating loans during 2025 was 30% larger than the prior year.
While producers were aggressive sellers of soybeans last fall, they remained reluctant to move corn or wheat.
China has resumed its purchases of Canadian canola, an early sign of a revival in the trade
Read Next
Farmers in parts of the High Plains and Southeast need a break from relentless drought, while nationwide planting progress is outpacing the five-year average.
Get News Daily
Get Market Alerts
Get News & Markets App