Texas, Iowa, Illinois, Kansas Biggest Recipients of Nearly $10 Billion in Market Relief Payments

Texas, Iowa, Illinois, Kansas Biggest Recipients of Nearly $10 Billion in Market Relief Payments

FAPRI analysis

U.S. farmers will get $9.7 billion in market relief payments to addresses declining market prices which aims to sustain farmers until a new farm bill is enacted. According to a FAPRI analysis (link), key allocations and distribution:

Texas: $965 million, benefiting its status as the largest cotton producer.
Iowa: $846 million, with strong support for corn and soybean farmers.
Illinois: $790 million
Kansas: $787 million

Market Relief Payments, Crop and State (FAPRI )

Payment rates by crop:
Cotton: $87.26/acre (highest rate)
Corn: $42.51/acre
Soybeans: $29.50/acre
Wheat: $30.69/acre
Sorghum: $42.58
Oats: $77.66 for oats
Peanuts: $76.30
Rice: $69.52
Barley: $21.76

National crop distribution

Corn: $3.829 billion (largest share)
Soybeans: $2.553 billion
Wheat: $1.532 billion
Cotton: $975 million
Sorghum: $248 million
Rice: $216 million

Additional support measures in recent legislation

$21 billion for natural disaster recovery, covering losses from droughts, wildfires, hurricanes, and floods in 2023–2024.
$2 billion for livestock producers affected by adverse weather.
A one-year extension of the 2018 Farm Bill through Sept. 30, 2025.

Timeline for implementation
USDA must distribute the funds within 90 days of the bill becoming law to provide timely relief.