
An EWG analysis found farmers received about $91.6 billion from 2018 to 2020 through crop insurance, traditional subsidies and trade-war or Covid aid programs, often for the same price declines. Payments from the five programs more than doubled from 2018 to 2020.
The analysis is a policy critique with no direct supply or demand change, so it has little effect on feed grain or oilseed prices.
After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% 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.