Soybean Subsidies in 1st District of Iowa (Rep. Abby Finkenauer) totaled $718 million from 1995-2020‡.

From 1995 to 2020, the top 10 percent of soybean subsidy recipients were paid 31 percent of soybean subsidies.

Pct. of Recipients Pct. of Payments Number of Recipients Total Payments 1995-2020‡ Payment per Recipient
Top 1%4%122$952,356$7,806
Top 2%8%245$1,675,794$6,840
Top 3%11%367$2,375,732$6,473
Top 4%14%490$3,064,046$6,253
Top 5%17%612$3,729,900$6,095
Top 6%20%735$4,383,256$5,964
Top 7%23%857$5,013,880$5,851
Top 8%25%980$5,632,071$5,747
Top 9%28%1,102$6,225,224$5,649
Top 10%31%1,225$6,806,602$5,556
Top 11%33%1,347$7,368,940$5,471
Top 12%36%1,470$7,919,566$5,387
Top 13%38%1,593$8,455,739$5,308
Top 14%40%1,715$8,972,369$5,232
Top 15%43%1,838$9,479,442$5,157
Top 16%45%1,960$9,967,886$5,086
Top 17%47%2,083$10,445,754$5,015
Top 18%49%2,205$10,904,709$4,945
Top 19%51%2,328$11,354,782$4,877
Top 20%53%2,450$11,787,743$4,811
Remaining 80% of recips.47%9,804$10,385,670$1,059

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

 

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