Billions in COVID-19 and Trade Relief for Farmers—How Was it Distributed?

After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.

• Sep 30, 2019Corn and Soybean Stocks Come In Below Trade Expectations | Red River Farm Network-0.9%
• Sep 8, 2023Farmers in Rio Grande do Sul Hoping for a Better 2023/24-1.3%
• Feb 15, 2022USDA unfairly distributed Trump’s trade war payments+1.4%
• Sep 7, 2021U.S. Agriculture Sector Received an Estimated $35 Billion in COVID-19-Related Assistance in 2020 | Economic Research Service-4.1%
• Aug 13, 2019U.S. farmers stung by tariffs now face a $3.5 billion corn loss-3.3%

After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.

• Sep 30, 2019Corn and Soybean Stocks Come In Below Trade Expectations | Red River Farm Network+3.8%
• Sep 8, 2023Farmers in Rio Grande do Sul Hoping for a Better 2023/24-0.1%
• Feb 15, 2022USDA unfairly distributed Trump’s trade war payments+4.1%
• Sep 7, 2021U.S. Agriculture Sector Received an Estimated $35 Billion in COVID-19-Related Assistance in 2020 | Economic Research Service-0.8%
• Aug 13, 2019U.S. farmers stung by tariffs now face a $3.5 billion corn loss-0.9%

After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% over 20.

• Sep 30, 2019Corn and Soybean Stocks Come In Below Trade Expectations | Red River Farm Network+0.6%
• Feb 15, 2022USDA unfairly distributed Trump’s trade war payments+1.8%
• Sep 7, 2021U.S. Agriculture Sector Received an Estimated $35 Billion in COVID-19-Related Assistance in 2020 | Economic Research Service+1.8%
• Feb 3, 2022GAO details share of trade aid to minority farmers | 2022-02-03 | Agri-Pulse Communications, Inc.-1.0%
• May 14, 2019Crop forecasts and trade issues put grain prices under pressure - Farmers Weekly+11.5%