# Farmers Got Billions From Taxpayers In 2019, And Hardly Anyone Objected

> NPR reports US farmers received more than $22 billion in government payments in 2019, the highest level of farm subsidies in 14 years, most of it through a program Congress did not approve. The article describes farmers hurt by flooding and Chinese retaliatory tariffs on soybeans.

- Date: 2019-12-31 · published 2019-12-31T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/55568-farmers-got-billions-from-taxpayers-in-2019-and-hardly-anyone-objected
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record subsidies sustain US farm output despite weak soybean export demand, which keeps domestic soy and feed supplies heavy and prices subdued.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-05-17 | [Key Provisions in House Farm Bill - Pro Farmer](https://feedsoft.ai/events/30234-key-provisions-in-house-farm-bill-pro-farmer.md) | +1.9% | -3.0% |
| SOY | 2019-12-04 | [Trump’s $28 Billion Trade War Bailout Is Overpaying Farmers - Bloomberg](https://feedsoft.ai/events/55567-trump-s-28-billion-trade-war-bailout-is-overpaying-farmers-bloomberg.md) | +3.5% | +8.4% |
| SOY | 2018-07-25 | [USDA Assists Farmers Harmed by Tariffs \| Farm Policy News \| Illinois](https://feedsoft.ai/events/64019-usda-assists-farmers-harmed-by-tariffs-farm-policy-news-illinois.md) | +5.3% | +1.9% |
| SOY | 2026-08-25 | [The Policy that May Cause $1 billion in Lost Revenue for Farmers](https://feedsoft.ai/events/15002-the-policy-that-may-cause-1-billion-in-lost-revenue-for-farmers.md) | +4.9% | +9.0% |
| SOY | 2018-07-24 | [USDA announces $12 billion in programs for farmers affected by trade war - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/64020-usda-announces-12-billion-in-programs-for-farmers-affected-by-trade-war-agweek.md) | +3.2% | +4.0% |

## Sources

- npr.org: https://www.npr.org/sections/thesalt/2019/12/31/790261705/farmers-got-billions-from-taxpayers-in-2019-and-hardly-anyone-objected.

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