# Free markets for us, billions for them: Trump's US farm subsidy gap

> US direct government farm payments are forecast by USDA to reach $47.4 billion in 2026, a nominal record and nearly 70% above last year. The increase includes an $8 billion Harvest Fuel Relief program and $12 billion of earlier bridge assistance, much of it promised during the midterm campaign.

- Date: 2026-11-04 · published 2026-11-04T12:14:25.444Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/79695-free-markets-for-us-billions-for-them-trump-s-us-farm-subsidy-gap
- 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

Large government payments support US farm incomes and can sustain production and export competitiveness, which pressures prices for competing exporters such as Australia.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-02-24 | [Farm Subsidies Ballooned Under Trump](https://feedsoft.ai/events/48604-farm-subsidies-ballooned-under-trump.md) | +0.7% | +5.4% |
| CORN | 2019-03-12 | [Trump budget sets up farm bill feud - POLITICO](https://feedsoft.ai/events/60078-trump-budget-sets-up-farm-bill-feud-politico.md) | +5.0% | -0.3% |
| CORN | 2025-07-30 | [Trump’s Tax Bill Expands Farm Subsidies. Not All Farmers Will Benefit.](https://feedsoft.ai/events/23749-trump-s-tax-bill-expands-farm-subsidies-not-all-farmers-will-benefit.md) | -1.3% | -0.2% |
| CORN | 2022-07-07 | [The Trillion Dollar “Farm” Bill](https://feedsoft.ai/events/40477-the-trillion-dollar-farm-bill.md) | -0.6% | -15.3% |
| CORN | 2019-08-01 | [Trump’s $16 billion farm bailout will make rich farmers richer, report says](https://feedsoft.ai/events/58076-trump-s-16-billion-farm-bailout-will-make-rich-farmers-richer-report-says.md) | -3.0% | -7.6% |
| SOY | 2021-02-24 | [Farm Subsidies Ballooned Under Trump](https://feedsoft.ai/events/48604-farm-subsidies-ballooned-under-trump.md) | +0.6% | +1.2% |
| SOY | 2019-03-12 | [Trump budget sets up farm bill feud - POLITICO](https://feedsoft.ai/events/60078-trump-budget-sets-up-farm-bill-feud-politico.md) | +3.2% | +2.4% |
| SOY | 2025-07-30 | [Trump’s Tax Bill Expands Farm Subsidies. Not All Farmers Will Benefit.](https://feedsoft.ai/events/23749-trump-s-tax-bill-expands-farm-subsidies-not-all-farmers-will-benefit.md) | -1.3% | +4.8% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/9385186/donald-trump-farm-subsidies-hit-47b-as-aussie-growers-suffer/

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