Soybean Subsidies in Iowa totaled $6.0 billion from 1995-2020‡.

From 1995 to 2020, the top 10 percent of soybean subsidy recipients were paid 54 percent of soybean subsidies.

Pct. of Recipients Pct. of Payments Number of Recipients Total Payments 1995-2020‡ Payment per Recipient
Top 1%11%1,489$439,709,214$295,305
Top 2%19%2,979$737,560,675$247,587
Top 3%25%4,468$983,930,041$220,217
Top 4%31%5,958$1,197,035,633$200,912
Top 5%35%7,447$1,386,070,856$186,125
Top 6%40%8,937$1,556,398,530$174,152
Top 7%44%10,426$1,711,163,612$164,125
Top 8%47%11,916$1,852,617,794$155,473
Top 9%51%13,405$1,982,696,591$147,907
Top 10%54%14,895$2,103,215,090$141,203
Top 11%57%16,384$2,214,745,892$135,177
Top 12%59%17,874$2,318,187,659$129,696
Top 13%62%19,363$2,414,088,672$124,675
Top 14%64%20,853$2,503,367,736$120,048
Top 15%66%22,342$2,586,487,601$115,768
Top 16%68%23,832$2,664,093,013$111,786
Top 17%70%25,321$2,736,636,556$108,078
Top 18%72%26,811$2,804,501,168$104,603
Top 19%73%28,300$2,868,123,537$101,347
Top 20%75%29,790$2,927,806,271$98,282
Remaining 80% of recips.25%119,161$980,360,024$8,227

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

 

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