# Is the Pendulum Swinging on Ad Hoc Direct Payments? - Agricultural Economic Insights

> An analysis of ad hoc direct payments shows these programs have grown sharply, averaging $17.4 billion a year since 2018 versus $2.3 billion a year in 2010-2013. Ad hoc payments made up 73% of direct payments since 2019, and were projected at $5.9 billion in 2023 after $11.9 billion in 2022. The piece suggests a possible shift away from these payments.

- Date: 2023-06-12 · published 2023-06-12T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/35472-is-the-pendulum-swinging-on-ad-hoc-direct-payments-agricultural-economic
- 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

Changes in ad hoc aid affect farm income and planting decisions, which feed into expected crop supply, but the effect on prices is indirect.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-04-01 | [USDA Expediting $10 Billion in Direct Economic Assistance to Agricultural Producers](https://feedsoft.ai/events/25554-usda-expediting-10-billion-in-direct-economic-assistance-to-agricultural.md) | +1.0% | +2.2% |
| CORN | 2025-01-09 | [Will $10B in economic payments offset farm income losses? \| Agriculture Dive](https://feedsoft.ai/events/26503-will-10b-in-economic-payments-offset-farm-income-losses-agriculture-dive.md) | +4.1% | +5.7% |
| CORN | 2017-11-15 | [Economists Offer Insight for the 2018 US Farm Bill \| Agricultural and Resource Economics](https://feedsoft.ai/events/67958-economists-offer-insight-for-the-2018-us-farm-bill-agricultural-and-resource.md) | +1.1% | +4.1% |
| CORN | 2021-01-28 | [More Government Money on the Way for Kentucky Farmers \| Agricultural Economics](https://feedsoft.ai/events/49117-more-government-money-on-the-way-for-kentucky-farmers-agricultural-economics.md) | +2.7% | -0.2% |
| CORN | 2018-02-06 | [Opening Statement: Chairman K. Michael Conaway: House Agriculture Full Committee Hearing: State of the Rural Economy \| House Agriculture Committee](https://feedsoft.ai/events/66481-opening-statement-chairman-k-michael-conaway-house-agriculture-full-committee.md) | +1.3% | +3.3% |
| SOY | 2025-04-01 | [USDA Expediting $10 Billion in Direct Economic Assistance to Agricultural Producers](https://feedsoft.ai/events/25554-usda-expediting-10-billion-in-direct-economic-assistance-to-agricultural.md) | -3.1% | +2.6% |
| SOY | 2025-01-09 | [Will $10B in economic payments offset farm income losses? \| Agriculture Dive](https://feedsoft.ai/events/26503-will-10b-in-economic-payments-offset-farm-income-losses-agriculture-dive.md) | +5.6% | +7.4% |
| SOY | 2017-11-15 | [Economists Offer Insight for the 2018 US Farm Bill \| Agricultural and Resource Economics](https://feedsoft.ai/events/67958-economists-offer-insight-for-the-2018-us-farm-bill-agricultural-and-resource.md) | +3.1% | +2.1% |

## Sources

- aei.ag: https://aei.ag/2023/06/12/pendulum-swinging-ad-hoc-direct-payments/

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