# Agricultural Policy Analysis Center

> USDA's ERS forecasts 2020 US net farm income rising to $119.6 billion from $83.6 billion in 2019, but the gain came from a $24.0 billion rise in government payments rather than the market. Disaster and pandemic assistance rose by $31.0 billion, while Market Facilitation Program payments fell.

- Date: 2020-12-02 · published 2020-12-02T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/49633-agricultural-policy-analysis-center
- 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

Income gains driven by government aid rather than market prices suggest weak underlying commodity returns, which may limit farmer expansion and feed-grain demand growth.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-03-03 | [Agricultural Policy Analysis Center](https://feedsoft.ai/events/72027-agricultural-policy-analysis-center.md) | -3.2% | -2.8% |
| CORN | 2021-03-31 | [Resources – Page 4 – Center for Commercial Agriculture](https://feedsoft.ai/events/48094-resources-page-4-center-for-commercial-agriculture.md) | +0.8% | +19.2% |
| CORN | 2023-11-01 | [U.S. Agricultural Policy Review, 2022 \| Economic Research Service](https://feedsoft.ai/events/33150-u-s-agricultural-policy-review-2022-economic-research-service.md) | -0.1% | -4.0% |
| CORN | 2017-10-09 | [U.S. Agricultural Exports- Data Update from USDA - Farm Policy News](https://feedsoft.ai/events/68329-u-s-agricultural-exports-data-update-from-usda-farm-policy-news.md) | +0.1% | -1.3% |
| CORN | 2022-12-01 | [Seasonal conditions \| Agricultural Commodities](https://feedsoft.ai/events/38153-seasonal-conditions-agricultural-commodities.md) | -3.3% | +1.9% |
| SOY | 2021-03-31 | [Resources – Page 4 – Center for Commercial Agriculture](https://feedsoft.ai/events/48094-resources-page-4-center-for-commercial-agriculture.md) | +3.1% | +14.0% |
| SOY | 2023-11-01 | [U.S. Agricultural Policy Review, 2022 \| Economic Research Service](https://feedsoft.ai/events/33150-u-s-agricultural-policy-review-2022-economic-research-service.md) | +4.8% | +4.7% |
| SOY | 2017-10-09 | [U.S. Agricultural Exports- Data Update from USDA - Farm Policy News](https://feedsoft.ai/events/68329-u-s-agricultural-exports-data-update-from-usda-farm-policy-news.md) | +2.9% | +0.5% |

## Sources

- agpolicy.org: http://www.agpolicy.org/weekcol/2020/1057.html

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