# Trump pick to lead USDA eyes payments to farmers to cover trade losses from tariffs

> Trump's nominee to lead the USDA, Brooke Rollins, said on Thursday she would consider direct payments to farmers to offset losses from proposed tariffs. The approach would mirror the payments made during Trump's first term, when retaliatory tariffs hit soybean exports. The nominee's confirmation is still pending.

- Date: 2025-01-23 · published 2025-01-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/26491-trump-pick-to-lead-usda-eyes-payments-to-farmers-to-cover-trade-losses-from
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expected government payments could cushion farm income and reduce pressure to sell grain, but they do not change export demand. Tariff threats on soybeans remain the bigger price risk.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-10-23 | [Trump tariffs lead to bleak 2019 farm forecasts - POLITICO](https://feedsoft.ai/events/62519-trump-tariffs-lead-to-bleak-2019-farm-forecasts-politico.md) | -2.3% | +1.8% |
| SOY | 2018-07-25 | [USDA Assists Farmers Harmed by Tariffs \| Farm Policy News \| Illinois](https://feedsoft.ai/events/64019-usda-assists-farmers-harmed-by-tariffs-farm-policy-news-illinois.md) | +5.3% | +1.9% |
| SOY | 2025-04-23 | [US-China tariffs continue to hold sway over trade \| World Grain](https://feedsoft.ai/events/14671-us-china-tariffs-continue-to-hold-sway-over-trade-world-grain.md) | +0.6% | +1.7% |
| SOY | 2018-07-24 | [US to give farmers $12bn trade war bailout](https://feedsoft.ai/events/64018-us-to-give-farmers-12bn-trade-war-bailout.md) | +3.2% | +4.0% |
| SOY | 2024-11-26 | [China's yuan slides to four-month low on Trump's tariff promise \| Reuters](https://feedsoft.ai/events/27628-china-s-yuan-slides-to-four-month-low-on-trump-s-tariff-promise-reuters.md) | +0.6% | -1.1% |

## Sources

- reuters.com: https://www.reuters.com/world/us/trump-pick-lead-usda-considering-payments-farmers-trade-losses-2025-01-23/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.