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In Trump Farm Bailout, Top 1% Reaped Nearly One-Fourth of Aid

  • Subsidy payments averaging $497,907 for top recipients
  • Biden administration eyeing new farm financial incentives
    
Photographer: Daniel Acker/Bloomberg
Updated on

The Trump administration’s farm bailouts steered an expanding share of subsidy payments to the nation’s biggest farms, according to an analysis by an environmental advocacy group that highlights issues of equity as the Biden administration designs potential new climate-related financial incentives for farmers.

Just 1% of farm aid recipients collected 23% of subsidy payments in 2019, up from 17% in 2016, as former President Donald Trump’s trade bailout swelled payments to farmers. Their portion crept up to 24% in the first half of 2020, the most recent period covered in the data, as farm aid hit a record level with coronavirus relief payments, according to the Environmental Working Group analysis.