# Market Facilitation Program: Impacts and Initial Analysis

> University of Illinois and Ohio State economists analyze the Market Facilitation Program, estimating average 2018 payments in Illinois at $53 per acre for soybeans, $1 per acre for corn and $5 per acre for wheat. Federal spending on the program is estimated at $4.6 billion, with payments based on per-bushel rates on 2018 production.

- Date: 2018-09-01 · published 2018-09-01T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/63527-market-facilitation-program-impacts-and-initial-analysis
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Per-acre payments are large for soybeans but small for corn, which tilts the support toward soybean income and leaves corn exposed to weaker prices if export demand does not recover.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-08-30 | [Federal Register
       :: 
      Market Facilitation Program](https://feedsoft.ai/events/63522-federal-register-market-facilitation-program.md) | +0.4% | +3.9% |
| SOY | 2019-01-22 | [The Market Facilitation Program (Trade Mitigation) and the Government Shutdown](https://feedsoft.ai/events/61079-the-market-facilitation-program-trade-mitigation-and-the-government-shutdown.md) | +0.7% | -1.7% |
| SOY | 2019-11-15 | [USDA Issues Second Tranche of Market Facilitation Program](https://feedsoft.ai/events/56042-usda-issues-second-tranche-of-market-facilitation-program.md) | +0.1% | +0.8% |
| SOY | 2019-09-26 | [Assessing Market Facilitation Payments in Hindsight and Implications for Future Policy - ProAg](https://feedsoft.ai/events/57080-assessing-market-facilitation-payments-in-hindsight-and-implications-for-future.md) | +2.8% | +5.0% |
| SOY | 2019-04-29 | [USDA Extends Deadline to May 17 for Producers to Certify 2018 Crop Production for Market Facilitation Program Payments \| Farm Service Agency](https://feedsoft.ai/events/59568-usda-extends-deadline-to-may-17-for-producers-to-certify-2018-crop-production.md) | -2.8% | -2.8% |
| CORN | 2018-08-30 | [Federal Register
       :: 
      Market Facilitation Program](https://feedsoft.ai/events/63522-federal-register-market-facilitation-program.md) | +2.0% | +4.0% |
| CORN | 2019-01-22 | [The Market Facilitation Program (Trade Mitigation) and the Government Shutdown](https://feedsoft.ai/events/61079-the-market-facilitation-program-trade-mitigation-and-the-government-shutdown.md) | +0.7% | +0.5% |
| CORN | 2019-11-15 | [USDA Issues Second Tranche of Market Facilitation Program](https://feedsoft.ai/events/56042-usda-issues-second-tranche-of-market-facilitation-program.md) | -0.7% | -2.8% |

## Sources

- origin.farmdocdaily.illinois.edu: https://origin.farmdocdaily.illinois.edu/2018/08/market-facilitation-program-impacts-initial-analysis.html

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