Loan Deficiency Payments in Faribault County, Minnesota totaled $56.3 million from 1995-2020‡.

Programs included in Loan Deficiency Payments

Program Total Payments
1995-2020‡
Loan Deficiency - Corn$34,380,373
Loan Deficiency - Soybeans$21,908,873
Loan Deficiency - Oats$23,843
Loan Deficiency - Wheat$20,507
Loan Deficiency - Wool$10,084
Loan Deficiency - Unshorn Pelts$3,195
Loan Deficiency - Barley$683
Loan Deficiency - Honey$430
Loan Def. Refund - Wheat$-21
Loan Def. Refund - Corn$-882
Loan Def. Refund - Corn$-19,464
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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