# Trump Funnels Record Subsidies to Farmers Ahead of Election Day (Published 2020)

> Federal farm payments are projected to reach a record $46 billion this year as the White House directs money to rural areas ahead of the election. The available text is truncated.

- Date: 2020-11-01 · published 2020-11-01T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/50631-trump-funnels-record-subsidies-to-farmers-ahead-of-election-day-published-2020
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record subsidies support farm incomes and can slow acreage and herd adjustments, which is mildly bearish for crop prices over time, though the effect on near-term feed supply is limited.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-01-28 | [Farm subsidies to leap on $9.8 billion in trade aid \| 2019-01-28 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/61080-farm-subsidies-to-leap-on-9-8-billion-in-trade-aid-2019-01-28-agri-pulse-agri.md) | +0.7% | +0.8% |
| CORN | 2025-06-11 | [China Nudges Pig Farmers to Restrain Supply After Prices Slump](https://feedsoft.ai/events/24184-china-nudges-pig-farmers-to-restrain-supply-after-prices-slump.md) | -0.5% | -4.1% |
| CORN | 2025-07-11 | [2025 Reconciliation Farm Bill – Summary Overview \| Farm Office](https://feedsoft.ai/events/23743-2025-reconciliation-farm-bill-summary-overview-farm-office.md) | -0.7% | -1.5% |
| CORN | 2021-12-20 | [First Thing Today \| December 20, 2021 - Pro Farmer](https://feedsoft.ai/events/8018-first-thing-today-december-20-2021-pro-farmer.md) | -2.3% | -2.0% |
| CORN | 2018-08-27 | [USDA Announces Details of Assistance for Farmers Impacted by Unjustified Retaliation \| USDA](https://feedsoft.ai/events/63521-usda-announces-details-of-assistance-for-farmers-impacted-by-unjustified.md) | +0.5% | +0.9% |
| SOY | 2025-12-23 | [Amendment to the EUDR published – changes to deadlines and simplification of obligations now official - Andersen](https://feedsoft.ai/events/21524-amendment-to-the-eudr-published-changes-to-deadlines-and-simplification-of.md) | -0.7% | +1.0% |
| SOY | 2019-05-07 | [Timberbiz EU publishes results of public consultation on deforestation - Timberbiz](https://feedsoft.ai/events/59115-timberbiz-eu-publishes-results-of-public-consultation-on-deforestation-timberbiz.md) | -3.2% | +7.9% |
| SOY | 2018-04-19 | [Soy Growers Ask President Trump to Support Renewable Fuel Standard - American Soybean Association](https://feedsoft.ai/events/65395-soy-growers-ask-president-trump-to-support-renewable-fuel-standard-american.md) | -1.4% | -4.0% |

## Sources

- nytimes.com: https://www.nytimes.com/2020/10/12/us/politics/trump-farmers-subsidies.html

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