Soybean Subsidies in New Jersey totaled $43.6 million from 1995-2020‡.

Programs included in soybean subsidies

Program Total Payments
1995-2020‡
Loan Deficiency - Soybeans$10,569,707
Direct Payment - Soybeans$5,958,420
Agricultural Risk Coverage County - Soybean$2,955,573
Market Facilitation Program - Soybeans$2,009,296
Oilseed Program - Soybean$1,432,619
Market Gains - Soybeans$484,448
Agricultural Risk Coverage Individual - Soybean$36,088
Counter Cyclical Payment - Soybeans$3,792
ACRE Direct Payments - Soybeans$1,879
Loan Def. Refund - Soybean$-29
Loan Def. Refund - Soybean$-32,807

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

 

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