# Modern Day Agricultural Policy Must Include Meaningful Cuts to Domestic Subsidies - R Street Institute

> The R Street Institute urges meaningful cuts to US domestic agricultural subsidies, arguing they flow mainly to wealthy farmers, encourage overproduction, and hinder market access abroad. The paper also calls for removing recently enacted tariffs on steel, aluminum and Chinese goods. The article is a policy advocacy piece.

- Date: 2020-07-28 · published 2020-07-28T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/52104-modern-day-agricultural-policy-must-include-meaningful-cuts-to-domestic
- 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

Calls for subsidy cuts are advocacy rather than enacted policy, so they have little immediate price impact on feed markets. Tariff removal, if adopted, could ease trade flows.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-05-24 | [Reining in wasteful agricultural spending can help America reclaim its fiscal future - R Street Institute](https://feedsoft.ai/events/47068-reining-in-wasteful-agricultural-spending-can-help-america-reclaim-its-fiscal.md) | -0.3% | +2.2% |
| CORN | 2021-10-18 | [Harvesting Another Trade War: Ad Hoc Farm Subsidies and Our WTO Commitments - R Street Institute](https://feedsoft.ai/events/44522-harvesting-another-trade-war-ad-hoc-farm-subsidies-and-our-wto-commitments-r.md) | +1.5% | +13.0% |
| CORN | 2025-12-14 | [Consultations in Mexico question US agricultural subsidies - Opportimes](https://feedsoft.ai/events/21479-consultations-in-mexico-question-us-agricultural-subsidies-opportimes.md) | +1.6% | -2.5% |
| CORN | 2021-10-01 | [Is the Past the Prologue for the Future of Agricultural Policy in the United States? \| American Enterprise Institute - AEI](https://feedsoft.ai/events/44521-is-the-past-the-prologue-for-the-future-of-agricultural-policy-in-the-united.md) | +0.7% | +3.7% |
| CORN | 2021-02-02 | [Whither Agricultural Policy in 2021 and Beyond \| American Enterprise Institute - AEI](https://feedsoft.ai/events/48602-whither-agricultural-policy-in-2021-and-beyond-american-enterprise-institute-aei.md) | +0.4% | -3.9% |
| SOY | 2021-05-24 | [Reining in wasteful agricultural spending can help America reclaim its fiscal future - R Street Institute](https://feedsoft.ai/events/47068-reining-in-wasteful-agricultural-spending-can-help-america-reclaim-its-fiscal.md) | +0.3% | -7.3% |
| SOY | 2021-10-18 | [Harvesting Another Trade War: Ad Hoc Farm Subsidies and Our WTO Commitments - R Street Institute](https://feedsoft.ai/events/44522-harvesting-another-trade-war-ad-hoc-farm-subsidies-and-our-wto-commitments-r.md) | +0.2% | +1.3% |
| SOY | 2021-10-01 | [Is the Past the Prologue for the Future of Agricultural Policy in the United States? \| American Enterprise Institute - AEI](https://feedsoft.ai/events/44521-is-the-past-the-prologue-for-the-future-of-agricultural-policy-in-the-united.md) | -0.7% | -1.8% |

## Sources

- rstreet.org: https://www.rstreet.org/commentary/modern-day-agricultural-policy-must-include-meaningful-cuts-to-domestic-subsidies/

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