# Study: US farms in better shape due to MFP, but many still face red ink | 2020-03-10  | Agri-Pulse Communications, Inc.

> A Texas A&M study found that MFP payments for 2018 and 2019 substantially improved farm liquidity, but more than one-third of representative farms still face a greater than 50% chance of negative ending cash this year. The study estimates the $23 billion in MFP payments added more than $41 billion to the rural economy.

- Date: 2020-03-11 · published 2020-03-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/54122-study-us-farms-in-better-shape-due-to-mfp-but-many-still-face-red-ink-2020-03
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Financial stress on farms suggests possible reduced planting or livestock herd rebuilding, a factor that could tighten feed grain demand over time but has limited immediate price impact.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-09-02 | [Corn market still mulling impacts of derecho, Chinese buying spree \| 2020-09-01  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/51137-corn-market-still-mulling-impacts-of-derecho-chinese-buying-spree-2020-09-01.md) | +0.4% | +5.4% |
| CORN | 2020-01-10 | [Markets breathe easy with neutral WASDE report \| 2020-01-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55019-markets-breathe-easy-with-neutral-wasde-report-2020-01-10-agri-pulse.md) | -1.0% | -0.7% |
| CORN | 2020-06-11 | [June USDA report on par with trade expectations \| 2020-06-11  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52553-june-usda-report-on-par-with-trade-expectations-2020-06-11-agri-pulse.md) | +1.0% | +5.3% |
| CORN | 2019-08-30 | [Trade mitigation payments boost farm income \| 2019-08-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57599-trade-mitigation-payments-boost-farm-income-2019-08-30-agri-pulse.md) | -2.4% | +1.4% |
| CORN | 2021-03-09 | [Corn, soy, wheat ending stocks hold steady for March \| 2021-03-09  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/48068-corn-soy-wheat-ending-stocks-hold-steady-for-march-2021-03-09-agri-pulse.md) | -10.3% | -1.3% |
| SOY | 2020-02-20 | [USDA: Mixed 2020 farm outlook on small export increase, record production \| 2020-02-20  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54621-usda-mixed-2020-farm-outlook-on-small-export-increase-record-production-2020-02.md) | -1.8% | -8.0% |
| SOY | 2020-01-10 | [Markets breathe easy with neutral WASDE report \| 2020-01-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55019-markets-breathe-easy-with-neutral-wasde-report-2020-01-10-agri-pulse.md) | -1.0% | -5.5% |
| SOY | 2020-05-12 | [Corn ending stocks grow but not like traders expected \| 2020-05-12  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/53059-corn-ending-stocks-grow-but-not-like-traders-expected-2020-05-12-agri-pulse.md) | -0.9% | +1.3% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/13283-study-us-farms-in-better-shape-due-to-mfp-but-many-still-face-red-ink

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