# (Thanks)giving Subsidies | Taxpayers for Common Sense

> Taxpayers for Common Sense criticizes federal crop subsidies, citing crop insurance costs of about $8.5 billion a year and higher-than-expected ARC and PLC payments. It warns that some groups are seeking additional subsidies in the next farm bill.

- Date: 2016-11-23 · published 2016-11-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/73847-thanks-giving-subsidies-taxpayers-for-common-sense
- 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

This is an advocacy commentary on subsidy spending with no new policy action, so it has no direct implication for feed commodity prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-01-26 | [The Farm Bill Isn't Saving Taxpayers Money \| Taxpayers for Common Sense](https://feedsoft.ai/events/72985-the-farm-bill-isn-t-saving-taxpayers-money-taxpayers-for-common-sense.md) | +1.9% | +1.7% |
| CORN | 2021-05-20 | [A Taxpayer Seat on the Ag Committee - Taxpayers for Common Sense](https://feedsoft.ai/events/47074-a-taxpayer-seat-on-the-ag-committee-taxpayers-for-common-sense.md) | -4.4% | +4.0% |
| CORN | 2018-01-24 | [USDA Priorities for Farm Bill - Taxpayers for Common Sense](https://feedsoft.ai/events/66976-usda-priorities-for-farm-bill-taxpayers-for-common-sense.md) | +1.0% | +1.6% |
| CORN | 2018-03-27 | [Pilot Program Planting Potential Payments - Taxpayers for Common Sense](https://feedsoft.ai/events/65988-pilot-program-planting-potential-payments-taxpayers-for-common-sense.md) | +4.5% | +4.0% |
| CORN | 2016-12-09 | [How agriculture subsidies are hurting farmers, taxpayers](https://feedsoft.ai/events/73465-how-agriculture-subsidies-are-hurting-farmers-taxpayers.md) | +2.4% | +0.4% |
| SOY | 2017-01-26 | [The Farm Bill Isn't Saving Taxpayers Money \| Taxpayers for Common Sense](https://feedsoft.ai/events/72985-the-farm-bill-isn-t-saving-taxpayers-money-taxpayers-for-common-sense.md) | -1.8% | -4.1% |
| SOY | 2021-05-20 | [A Taxpayer Seat on the Ag Committee - Taxpayers for Common Sense](https://feedsoft.ai/events/47074-a-taxpayer-seat-on-the-ag-committee-taxpayers-for-common-sense.md) | -2.3% | -13.6% |
| SOY | 2018-01-24 | [USDA Priorities for Farm Bill - Taxpayers for Common Sense](https://feedsoft.ai/events/66976-usda-priorities-for-farm-bill-taxpayers-for-common-sense.md) | +1.4% | +4.9% |

## Sources

- taxpayer.net: https://www.taxpayer.net/agriculture/thanksgiving-subsidies/

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