Soybean Subsidies in Minnesota totaled $3.4 billion from 1995-2014.

Year   Subsidy Amount
1995 $13,332,836
1996 $17,251,139
1997 $16,669,112
1998 $107,223,900
1999 $317,964,743
2000 $355,676,712
2001 $457,291,690
2002 $82,704,038
2003 $172,407,225
2004 $155,372,032
2005 $113,388,629
2006 $140,266,377
2007 $132,357,803
2008 $228,776,681
2009 $176,083,657
2010 $162,045,418
2011 $216,734,284
2012 $206,577,291
2013 $198,517,602
2014 $133,962,326
1995-2014$3,404,603,494
  • Deficiency Payments
  • Direct Payments (2003-2008) and Production Flexibility Contracts (1996-2002)
  • Crop Insurance Premium Subsidies
  • Price Support Payments (Loan Deficiency, Marketing Loan Gains, and Certificates)
  • Counter-Cyclical Programs
  • Market Loss Assistance
  • Other Soybean Programs

Programs included in soybean subsidies

Program Total Payments
1995-2014
Crop Ins. Premium Subsidy - Soybeans$1,469,362,563
Loan Deficiency - Soybeans$860,145,721
Direct Payment - Soybeans$724,779,715
Market Gains Farm - Soybeans$186,103,384
Oilseed Program - Soybean$137,200,146
Market Gains Warehouse - Soybeans$27,306,296
Commodity Certificates - Soybeans$1,924,956
Counter Cyclical Payment - Soybeans$76,016
Direct Payment Violation - Soybeans$-10,421
Loan Def. Refund - Soybean$-46,537
Loan Def. Refund - Soybean$-99,521
Loan Def. Refund - Soybean$-2,138,823
 

Farm Subsidies Education

AgMag