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

From 1995 to 2020, the top 10 percent of soybean subsidy recipients were paid 57 percent of soybean subsidies.

Pct. of Recipients Pct. of Payments Number of Recipients Total Payments 1995-2020‡ Payment per Recipient
Top 1%14%11$3,322,183$302,017
Top 2%23%22$5,492,017$249,637
Top 3%30%33$7,070,381$214,254
Top 4%36%44$8,358,222$189,960
Top 5%40%55$9,429,640$171,448
Top 6%45%67$10,498,751$156,698
Top 7%48%78$11,355,819$145,587
Top 8%52%89$12,132,053$136,315
Top 9%55%100$12,833,988$128,340
Top 10%57%111$13,452,478$121,194
Top 11%60%123$14,056,722$114,282
Top 12%62%134$14,568,418$108,720
Top 13%64%145$15,049,337$103,789
Top 14%66%156$15,494,254$99,322
Top 15%68%167$15,923,379$95,350
Top 16%70%179$16,366,635$91,434
Top 17%72%190$16,746,637$88,140
Top 18%73%201$17,105,273$85,101
Top 19%75%212$17,446,022$82,293
Top 20%76%223$17,755,687$79,622
Remaining 80% of recips.24%896$5,663,300$6,321

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

 

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