Updated May 11, 2018 11:01:53 Farm Bureau officials said they expect the farm bureau to receive the largest cash refunds this year.
The bureau expects to receive $1.8 billion in farm payments, with $1 billion of that going to the states.
The remainder of the payments will go to farmers and consumers who purchased crops through the farm’s online marketplace, according to a release.
The Bureau of Land Management will pay farmers $500 million in cash payments for this year, but will also receive $300 million in the 2017 budget.
The department said it will provide $100 million in emergency cash to farmers.
A total of $1,972 million will go toward state crop insurance.
The Department of Agriculture said it would issue $1 million in farm-related debt.
Farmers and consumers could receive up to $10,000 in farm assistance payments, according, the release.
More: Kentucky Farmers Are Pushing Back Against the Flood of Flood Insurance Claims in the Spring