# Secret Subsidies: Program meant to help farmers in trade war overspent, lacked transparency and compliance checks

> An Investigate Midwest report says the USDA Market Facilitation Program paid out more than $23 billion, bypassing Congress by using the Commodity Credit Corporation. A GAO review found the USDA sent over $800 million improperly and lacked adequate eligibility checks.

- Date: 2022-10-24 · published 2022-10-24T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/39114-secret-subsidies-program-meant-to-help-farmers-in-trade-war-overspent-lacked
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The story concerns past trade-war aid and has no direct effect on current feed supplies or prices. It may affect future policy debates over farm subsidies.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-11-04 | [Secret Subsidies: Program Meant to Help Farmers in Trade War Overspent, Lacked Transparency](https://feedsoft.ai/events/38658-secret-subsidies-program-meant-to-help-farmers-in-trade-war-overspent-lacked.md) | -0.9% | -4.5% |
| CORN | 2021-10-18 | [Harvesting Another Trade War: Ad Hoc Farm Subsidies and Our WTO Commitments - R Street Institute](https://feedsoft.ai/events/44522-harvesting-another-trade-war-ad-hoc-farm-subsidies-and-our-wto-commitments-r.md) | +1.5% | +13.0% |
| CORN | 2018-11-19 | [A $12 Billion Program to Help Farmers Stung by Trump’s Trade War Has Aided Few - The New York Times](https://feedsoft.ai/events/62028-a-12-billion-program-to-help-farmers-stung-by-trump-s-trade-war-has-aided-few.md) | -1.4% | +8.5% |
| CORN | 2021-12-28 | [The latest tug-of-war: Billions in farm subsidies and rural aid - POLITICO](https://feedsoft.ai/events/43584-the-latest-tug-of-war-billions-in-farm-subsidies-and-rural-aid-politico.md) | -0.2% | +2.9% |
| CORN | 2021-01-05 | [Pandemic Tops Trade War in USDA Payments to Farmers](https://feedsoft.ai/events/49114-pandemic-tops-trade-war-in-usda-payments-to-farmers.md) | +3.1% | +14.6% |
| SOY | 2022-11-04 | [Secret Subsidies: Program Meant to Help Farmers in Trade War Overspent, Lacked Transparency](https://feedsoft.ai/events/38658-secret-subsidies-program-meant-to-help-farmers-in-trade-war-overspent-lacked.md) | +0.3% | +0.8% |
| SOY | 2021-10-18 | [Harvesting Another Trade War: Ad Hoc Farm Subsidies and Our WTO Commitments - R Street Institute](https://feedsoft.ai/events/44522-harvesting-another-trade-war-ad-hoc-farm-subsidies-and-our-wto-commitments-r.md) | +0.2% | +1.3% |
| SOY | 2018-11-19 | [A $12 Billion Program to Help Farmers Stung by Trump’s Trade War Has Aided Few - The New York Times](https://feedsoft.ai/events/62028-a-12-billion-program-to-help-farmers-stung-by-trump-s-trade-war-has-aided-few.md) | -3.4% | +1.7% |

## Sources

- investigatemidwest.org: https://www.investigatemidwest.org/secret-subsidies-program-meant-to-help-farmers-in-trade-war-overspent-lacked-transparency-and-compliance-checks/

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