# Examining COVID-19 Financial Assistance to Farms and Farm Households | Ohio Ag Manager

> A USDA Economic Research Service working paper estimated that direct government assistance to farms rose by $23.8 billion in 2020 compared with 2019. The increase came from several COVID-19 relief bills, including CFAP and the Market Facilitation Program.

- Date: 2021-08-12 · published 2021-08-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/45549-examining-covid-19-financial-assistance-to-farms-and-farm-households-ohio-ag
- 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

Large government payments support farm incomes and can sustain production and feed demand, though the price effect is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-08-07 | [Examining Farm Sector and Farm Household Income \| Economic Research Service](https://feedsoft.ai/events/69434-examining-farm-sector-and-farm-household-income-economic-research-service.md) | -1.6% | -6.5% |
| CORN | 2024-12-17 | [Farm Programs: USDA Financial Assistance to Agricultural Producers for Fiscal Years 2019–2023 \| U.S. GAO](https://feedsoft.ai/events/26951-farm-programs-usda-financial-assistance-to-agricultural-producers-for-fiscal.md) | +0.1% | +5.5% |
| CORN | 2017-01-01 | [U.S. Farm Income and Financial Outlook for 2017](https://feedsoft.ai/events/72979-u-s-farm-income-and-financial-outlook-for-2017.md) | +0.3% | +2.3% |
| CORN | 2019-09-03 | [Shaky start to September as trade fears and shrinking U.S. factory output slam stocks \| Financial Post](https://feedsoft.ai/events/12332-shaky-start-to-september-as-trade-fears-and-shrinking-u-s-factory-output-slam.md) | -6.0% | +1.2% |
| CORN | 2019-07-10 | [Finding a Bottom Through Grains and Holiday Meat Demand \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/58219-finding-a-bottom-through-grains-and-holiday-meat-demand-ohio-beef-cattle-letter.md) | +0.4% | -5.9% |
| SOY | 2017-08-07 | [Examining Farm Sector and Farm Household Income \| Economic Research Service](https://feedsoft.ai/events/69434-examining-farm-sector-and-farm-household-income-economic-research-service.md) | -1.4% | -0.8% |
| SOY | 2024-12-17 | [Farm Programs: USDA Financial Assistance to Agricultural Producers for Fiscal Years 2019–2023 \| U.S. GAO](https://feedsoft.ai/events/26951-farm-programs-usda-financial-assistance-to-agricultural-producers-for-fiscal.md) | -1.3% | +6.2% |
| SOY | 2017-01-01 | [U.S. Farm Income and Financial Outlook for 2017](https://feedsoft.ai/events/72979-u-s-farm-income-and-financial-outlook-for-2017.md) | 0.0% | +2.8% |

## Sources

- u.osu.edu: https://u.osu.edu/ohioagmanager/2021/08/12/examining-covid-19-financial-assistance-to-farms-and-farm-households/

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