# New report sheds light on problems with the farm safety net – Farm Aid

> The National Sustainable Agriculture Coalition released a report finding that at least $142 billion was distributed to farmers through the farm safety net from 2017 to 2022. That total includes $46 billion in crop insurance premium subsidies, $29 billion in commodity payments and $67 billion in ad-hoc disaster aid. The report argues these programs are unsustainable and unequally distributed.

- Date: 2024-02-20 · published 2024-02-20T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/31657-new-report-sheds-light-on-problems-with-the-farm-safety-net-farm-aid
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Pressure to cut crop insurance and commodity subsidies could change future production incentives for row crops. Any near-term price effect is minimal, since the proposals remain debate-stage.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-08-16 | [Farm Bill Primer: The Farm Safety Net - EveryCRSReport.com](https://feedsoft.ai/events/69431-farm-bill-primer-the-farm-safety-net-everycrsreport-com.md) | -2.4% | -4.2% |
| CORN | 2016-12-12 | [Drain the Swamp or Drain the Farm Safety Net?](https://feedsoft.ai/events/73469-drain-the-swamp-or-drain-the-farm-safety-net.md) | +1.3% | +1.3% |
| CORN | 2022-09-22 | [Farm Bill Primer: Farm Safety Net Programs - EveryCRSReport.com](https://feedsoft.ai/events/39577-farm-bill-primer-farm-safety-net-programs-everycrsreport-com.md) | -2.8% | +1.3% |
| CORN | 2017-06-02 | [Agriculture subsidies jump 59%: New report on the farm bill](https://feedsoft.ai/events/70478-agriculture-subsidies-jump-59-new-report-on-the-farm-bill.md) | +2.5% | -2.7% |
| CORN | 2019-06-06 | [Expanding the farm income safety net](https://feedsoft.ai/events/58577-expanding-the-farm-income-safety-net.md) | +2.8% | +4.2% |
| SOY | 2017-08-16 | [Farm Bill Primer: The Farm Safety Net - EveryCRSReport.com](https://feedsoft.ai/events/69431-farm-bill-primer-the-farm-safety-net-everycrsreport-com.md) | +1.3% | +3.4% |
| SOY | 2016-12-12 | [Drain the Swamp or Drain the Farm Safety Net?](https://feedsoft.ai/events/73469-drain-the-swamp-or-drain-the-farm-safety-net.md) | -0.1% | -3.1% |
| SOY | 2022-09-22 | [Farm Bill Primer: Farm Safety Net Programs - EveryCRSReport.com](https://feedsoft.ai/events/39577-farm-bill-primer-farm-safety-net-programs-everycrsreport-com.md) | -3.6% | -6.1% |

## Sources

- farmaid.org: https://www.farmaid.org/issues/farm-policy/new-report-sheds-light-on-farm-safety-net/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
