"The Ministry for Primary Industries is working closely with sector groups and other agencies to continue assessing the extent of storm damage and shift towards recovery efforts."
The funding would help farmers and growers who now faced a huge clean-up effort after ex-tropical Cyclone Dovi passed through, which included restoring access to their properties, O'Connor said.
It will help speed up the recovery of farming businesses and included wellbeing support and specialist technical advice.
Additionally, the funding enables the use of Enhanced Taskforce Green workers, should they be required to help.
Farmers needing help to manage feed shortages are encouraged to visit the MPI website or contact their levy body, such as DairyNZ and Beef + Lamb New Zealand, or Federated Farmers.
Horticulture NZ and the Foundation for Arable Research will provide support to impacted growers.
"We will continue to assess whether further support is needed as the full extent of the storm damage becomes more apparent over the coming weeks," O'Connor said.
Support for North Island farmers follows the classification of severe flooding on the West Coast and Top of the South as a medium-scale event, unlocking $200,000 of Government support for farmers and growers there.