Soybean Subsidies in Michigan totaled $1.1 billion from 1995-2020‡.

Programs included in soybean subsidies

Program Total Payments
1995-2020‡
Loan Deficiency - Soybeans$242,675,445
Direct Payment - Soybeans$140,731,102
Market Facilitation Program - Soybeans$99,875,716
Agricultural Risk Coverage County - Soybean$66,414,664
Oilseed Program - Soybean$35,108,589
Market Gains - Soybeans$20,758,897
ACRE Direct Payments - Soybeans$4,880,706
Agricultural Risk Coverage Individual - Soybean$882,864
Commodity Certificates - Soybeans$409,113
Counter Cyclical Payment - Soybeans$23,747
Direct Payment Violation - Soybeans$-46
Loan Def. Refund - Soybean$-542
Loan Def. Refund - Soybean$-47,563
Loan Def. Refund - Soybean$-489,374

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

 

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