Soybean Subsidies in Faribault County, Minnesota totaled $113 million from 1995-2020‡.

Programs included in soybean subsidies

Program Total Payments
1995-2020‡
Loan Deficiency - Soybeans$21,908,873
Direct Payment - Soybeans$21,204,777
Market Facilitation Program - Soybeans$11,195,482
Market Gains - Soybeans$6,313,355
Agricultural Risk Coverage County - Soybean$5,351,507
Oilseed Program - Soybean$3,727,428
ACRE Direct Payments - Soybeans$369,440
Agricultural Risk Coverage Individual - Soybean$6,936
Commodity Certificates - Soybeans$2,969
Counter Cyclical Payment - Soybeans$223
Loan Def. Refund - Soybean$-33,535

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

 

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