Soybean Subsidies in Minnesota totaled $4.7 billion from 1995-2020‡.
Programs included in soybean subsidies
Program | Total Payments 1995-2020‡ |
---|---|
Loan Deficiency - Soybeans | $860,145,721 |
Direct Payment - Soybeans | $724,846,564 |
Market Facilitation Program - Soybeans | $468,962,148 |
Market Gains - Soybeans | $213,409,680 |
Agricultural Risk Coverage County - Soybean | $156,141,661 |
Oilseed Program - Soybean | $137,200,146 |
ACRE Direct Payments - Soybeans | $28,595,101 |
Agricultural Risk Coverage Individual - Soybean | $3,128,113 |
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 |
‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.