RentSeek
All transfers
Direct subsidyAgriculture

Federal crop insurance and commodity support programs

Premium subsidies and price supports paid to agricultural producers and insurers.

Estimated annual cost
$15.6B
$15,599,000,000 · FY2025
0.22% of all federal spending in FY2025Total outlays $7.0T · Treasury, Monthly Treasury Statement, receipts, outlays and deficit/surplus
7 months ago

Sum of two lines from CBO's baseline: Federal Crop Insurance Corporation outlays ($11.9B) plus Commodity Credit Corporation price-support-program outlays ($3.7B, covering Price Loss Coverage, Agriculture Risk Coverage, marketing loans and dairy support), both FY2025. This is a poor single-year summary: the same baseline shows CCC price-support outlays alone jumping to $21.4B in FY2027 as the higher statutory reference prices enacted in the One Big Beautiful Bill Act (P.L. 119-21) phase into payment calculations, taking the combined total to roughly $37B that year. Re-read this baseline's later editions before treating $15.6B as current.

By total cost
#29
Most cost, least good
#23
Most good, least cost
#27
Benefit concentration
Spread outConcentrated
79/ 100, concentrated

Support is proportional to acreage and insured value, and payment limits are widely reported as avoidable through entity structuring. A large majority of payments flow to a minority of operations.

USDA Economic Research Service; GAO reports unverified

Structural reading

The clearest direct-spending analogue to the tax expenditures on this list, and structurally the most bipartisan: farm bills pass with large majorities from both parties because the benefits are geographically concentrated in a way that maps onto Senate representation rather than onto party. The two channels worth separating are that support scales with acreage rather than need, and that a distinct tranche flows to private insurers as administrative subsidy and underwriting gain, a concentrated benefit that never reaches a farm at all. The 2014 shift from direct payments to insurance-based support increased that second channel while making the overall cost less visible in budget documents.

Who gets it

The channels the benefit actually flows through, described by asset position, entity form and form of return. Never by named individuals.

$12.3B79%
to a narrow class
$3.3B21%
spread broadly

Cost split by the concentration score. That score is a judgement rather than a published figure, so treat this as the scale of the split, not an audited allocation.

  • Large-acreage operations

    Because support scales with insured acres and production, payments concentrate among the largest operations rather than the smallest.

  • Approved insurance providers

    Private insurers receive administrative and operating subsidies plus underwriting gain sharing, a concentrated benefit distinct from anything reaching producers.

  • Landowners via rent capitalisation

    A substantial share of support capitalises into farmland rents and values, transferring benefit from operators to landowners, who are frequently not the farmers.

Who pays

General taxpayers, and consumers where price supports raise commodity costs.

Sector lobbying, all issues combined
$68M2024Recentunverified

Sector aggregate.

This transfer follows a general pattern, asymmetric organisation, sustained expert attention, and scheduled expiry dates.

How rent-seeking works →

Legislative history and accountability

Enacting statutes, major amendments, recorded votes with party breakdown, and live reform proposals.

Enabling legislation

  • Federal Crop Insurance Act of 1980P.L. 96-365Sep 26, 1980

    Established the modern public-private crop insurance structure with federally subsidised premiums delivered through private insurers.

    Bipartisan

    Passed with support from both parties. No separate roll call on this provision is recorded here.

Major amendment

Reform proposal

  • Proposals to cap premium subsidies and tighten payment limitslive

    Bipartisan proposals would cap per-operation premium support and close the entity-structuring routes around payment limits. Introduced in successive farm bill cycles without adoption.

Sources and data freshness

Annual costCBO, USDA Farm Programs Baseline, February 2026 published Jan 15, 2026
Concentration basisUSDA Economic Research Service; GAO reports unverified
LobbyingSenate LDA filings, agriculture and crop insurance published Jan 22, 2025unverified

Published within the last year. Figures marked unverified are seed estimates that have not been reconciled line-by-line against the primary source document. See the methodology for how each score is constructed.