Soybean Subsidies in Illinois totaled $5.9 billion from 1995-2020‡.

Programs included in soybean subsidies

Program Total Payments
1995-2020‡
Loan Deficiency - Soybeans$1,551,952,028
Direct Payment - Soybeans$1,101,323,610
Market Facilitation Program - Soybeans$731,007,429
Oilseed Program - Soybean$204,226,588
Agricultural Risk Coverage County - Soybean$162,016,594
Market Gains - Soybeans$129,127,155
ACRE Direct Payments - Soybeans$90,384,888
Commodity Certificates - Soybeans$7,309,866
Agricultural Risk Coverage Individual - Soybean$604,203
Counter Cyclical Payment - Soybeans$256,139
Loan Def. Refund - Soybean$-25
Direct Payment Violation - Soybeans$-20,759
Loan Def. Refund - Soybean$-90,865
Loan Def. Refund - Soybean$-2,621,568

‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.

 

Farm Subsidies Education

AgMag