# No more ad hoc payments a big "what if?" for farmers in 2021 - Brownfield Ag News

> Brownfield reports that Kansas City Fed economist Nathan Kauffman says direct payments made up about 40% of 2020 net farm income. Total farm income is about $100 billion this year, with Market Facilitation and CFAP payments near $60 billion. He warns that financial pressure could rise in 2021 if payments decline.

- Date: 2020-11-18 · published 2020-11-18T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/50146-no-more-ad-hoc-payments-a-big-what-if-for-farmers-in-2021-brownfield-ag-news
- 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

Lower government support in 2021 could squeeze farm cash flow, but firmer corn and soybean prices would offset some of the pressure.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-08-30 | [Farmers eager to see what's in next farm bill - Brownfield Ag News](https://feedsoft.ai/events/34565-farmers-eager-to-see-what-s-in-next-farm-bill-brownfield-ag-news.md) | -0.0% | -8.2% |
| CORN | 2023-04-18 | [More money needed for a new farm bill - Brownfield Ag News](https://feedsoft.ai/events/36403-more-money-needed-for-a-new-farm-bill-brownfield-ag-news.md) | -0.4% | -7.3% |
| CORN | 2021-09-01 | [Have ad hoc payments helped or hurt proteins? - Brownfield Ag News](https://feedsoft.ai/events/45081-have-ad-hoc-payments-helped-or-hurt-proteins-brownfield-ag-news.md) | -5.3% | -8.2% |
| CORN | 2024-03-20 | [What low commodity prices might mean for future farm bill - Brownfield Ag News](https://feedsoft.ai/events/31193-what-low-commodity-prices-might-mean-for-future-farm-bill-brownfield-ag-news.md) | -2.3% | -6.8% |
| CORN | 2021-01-20 | [Mexican GMO corn phase-out a concern for US farmers - Brownfield Ag News](https://feedsoft.ai/events/49125-mexican-gmo-corn-phase-out-a-concern-for-us-farmers-brownfield-ag-news.md) | +3.1% | +2.1% |
| SOY | 2023-08-30 | [Farmers eager to see what's in next farm bill - Brownfield Ag News](https://feedsoft.ai/events/34565-farmers-eager-to-see-what-s-in-next-farm-bill-brownfield-ag-news.md) | -1.6% | -5.7% |
| SOY | 2023-04-18 | [More money needed for a new farm bill - Brownfield Ag News](https://feedsoft.ai/events/36403-more-money-needed-for-a-new-farm-bill-brownfield-ag-news.md) | -3.4% | -7.7% |
| SOY | 2021-09-01 | [Have ad hoc payments helped or hurt proteins? - Brownfield Ag News](https://feedsoft.ai/events/45081-have-ad-hoc-payments-helped-or-hurt-proteins-brownfield-ag-news.md) | -2.2% | -1.2% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/no-more-ad-hoc-payments-a-big-what-if-for-farmers-in-2021/

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