The USDA Farm Service Agency is delivering about $598.9 million in safety net and conservation payments to South Dakota producers and landowners. The payments follow nationwide ARC and PLC safety net payments of $13.8 billion for the 2025 crop year and $1.8 billion in CRP annual payments for 2026.
These payments support farm incomes and operating cash flow, which can sustain production, but they are unlikely to change feed grain supply or prices directly.
After 1,646 past policy events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.5%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.