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For context, US agriculture subsidies come principally in the form of Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC). These programs pay subsidie
by rexpop 2y ago
For context, US agriculture subsidies come principally in the form of Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC). These programs pay subsidies to farmers based on price or revenue losses for covered commodities like corn, soybeans, wheat, and cotton. Farmers choose between PLC, which pays based on national average prices, and ARC, which pays based on county or individual farm revenue.
ARC and PLC are projected to cost approximately $1.6 billion in 2025, which is more than triple their 2024 levels, but The American Relief Act of 2025 allocated $31 billion in ad hoc disaster aid to farmers. So maybe I was wrong about ARC/PLC being the principal method of subsidy?
> Under current law, USDA’s total outlays for 2025 are estimated at $231 billion. Outlays for
mandatory programs are $189.6 billion, 82.1 percent of total outlays.[0]
0. https://www.usda.gov/sites/default/files/documents/2025-usda-budget-summary.pdf https://www.usda.gov/sites/default/files/documents/2025-usda...