# Big Farm Subsidies Surge Is Crisis-Driven, Industry Says

> Arkansas Business reports that federal farm subsidy payments in Arkansas hit a record $828 million in 2019, nearly double 2018. Nationally, total subsidies grew from over $4 billion in 2017 to $20 billion in 2019. Industry experts expect subsidies to decline as trade-war and crisis payments wind down.

- Date: 2021-09-20 · published 2021-09-20T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/45082-big-farm-subsidies-surge-is-crisis-driven-industry-says
- 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

Falling crisis-related payments could reduce producers' financial cushion, which may modestly affect planting and feed purchasing decisions. The piece is retrospective and does not signal a price move.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-02-24 | [Farm Subsidies Ballooned Under Trump](https://feedsoft.ai/events/48604-farm-subsidies-ballooned-under-trump.md) | +0.7% | +5.4% |
| CORN | 2021-10-12 | [Oil becoming new driver for soybean industry](https://feedsoft.ai/events/44619-oil-becoming-new-driver-for-soybean-industry.md) | +0.0% | +9.0% |
| CORN | 2017-12-03 | [Ethanol industry, farm officials support EPA’s decision on RFS](https://feedsoft.ai/events/67357-ethanol-industry-farm-officials-support-epa-s-decision-on-rfs.md) | +0.1% | +5.5% |
| CORN | 2019-07-05 | [Biofuel industry criticizes EPA’s 2020 RFS levels](https://feedsoft.ai/events/57960-biofuel-industry-criticizes-epa-s-2020-rfs-levels.md) | +1.9% | -4.0% |
| CORN | 2021-12-28 | [The latest tug-of-war: Billions in farm subsidies and rural aid - POLITICO](https://feedsoft.ai/events/43584-the-latest-tug-of-war-billions-in-farm-subsidies-and-rural-aid-politico.md) | -0.2% | +2.9% |
| SOY | 2023-05-04 | [Is the biodiesel industry on the ropes?](https://feedsoft.ai/events/15312-is-the-biodiesel-industry-on-the-ropes.md) | -0.8% | -8.2% |
| SOY | 2021-02-24 | [Farm Subsidies Ballooned Under Trump](https://feedsoft.ai/events/48604-farm-subsidies-ballooned-under-trump.md) | +0.6% | +1.2% |
| SOY | 2021-10-12 | [Oil becoming new driver for soybean industry](https://feedsoft.ai/events/44619-oil-becoming-new-driver-for-soybean-industry.md) | -0.5% | -4.1% |

## Sources

- arkansasbusiness.com: https://www.arkansasbusiness.com/article/big-farm-subsidies-surge-is-crisis-driven-industry-says/

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