New USDA Records Show Trade Bailout and Coronavirus Payments Went to the Largest Farms

After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.

• Sep 16, 2020Biggest trade bailout payments went to Southern farms, GAO finds - POLITICO+1.1%
• Nov 9, 2023Surprise USDA corn yield upgrade leads to record-large corn crop-1.5%
• Jul 25, 2021Trump bailout | Food and Environment Reporting Network-0.5%
• Aug 13, 2024USDA Projects Record Soybean, Corn Yields - Farm Policy News-1.2%
• Nov 9, 2023USDA surprises trade with latest report | The Western Producer-1.5%

After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.

• Sep 16, 2020Biggest trade bailout payments went to Southern farms, GAO finds - POLITICO+2.8%
• Nov 9, 2023Surprise USDA corn yield upgrade leads to record-large corn crop+2.7%
• Jul 25, 2021Trump bailout | Food and Environment Reporting Network+1.0%
• Aug 13, 2024USDA Projects Record Soybean, Corn Yields - Farm Policy News-5.5%
• Nov 9, 2023USDA surprises trade with latest report | The Western Producer+2.7%

After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% over 20.

• Sep 16, 2020Biggest trade bailout payments went to Southern farms, GAO finds - POLITICO-0.4%
• Nov 29, 2021Australian farmers set to harvest largest crop but recent rain has brought pricing pain - ABC News-1.1%
• Nov 10, 2021WASDE Reveals Record Wheat Trade, as China Wheat Imports Soared Over the Past Year - Farm Policy News+1.2%
• Jul 25, 2021Trump bailout | Food and Environment Reporting Network-0.2%
• Sep 2, 2026National winter crop production forecast to fall, still the fourth-largest on record. - ABC listen+0.7%