# [2021-12-20] GAO Report: Trump USDA Picked Winners, Losers in Trade...

> The Senate Agriculture Committee released a statement on a GAO report examining USDA's 2018 and 2019 Market Facilitation Program. The report found that payments overestimated trade damage and favored Southern producers, and Chairwoman Debbie Stabenow criticized the approach.

- Date: 2021-12-20 · published 2021-12-20T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/43581-2021-12-20-gao-report-trump-usda-picked-winners-losers-in-trade
- 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 report is a political and program-design matter for future farm aid, with little direct effect on feed grain prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| CORN | 2021-12-23 | [GAO finds Trump trade payments unfair](https://feedsoft.ai/events/43587-gao-finds-trump-trade-payments-unfair.md) | -0.7% | +3.1% |
| CORN | 2019-11-04 | [Will Farmers Gain from the New US-China Trade Truce? \| PIIE](https://feedsoft.ai/events/55912-will-farmers-gain-from-the-new-us-china-trade-truce-piie.md) | +0.9% | +1.4% |
| CORN | 2019-08-12 | [Farm Policy: USDA’s 2019 Trade Aid Package - EveryCRSReport.com](https://feedsoft.ai/events/57590-farm-policy-usda-s-2019-trade-aid-package-everycrsreport-com.md) | -6.0% | -8.6% |
| CORN | 2018-09-12 | [Farm Policy: USDA’s 2018 Trade Aid Package - EveryCRSReport.com](https://feedsoft.ai/events/62893-farm-policy-usda-s-2018-trade-aid-package-everycrsreport-com.md) | -2.5% | -0.1% |
| SOY | 2025-01-23 | [Trump pick to lead USDA eyes payments to farmers to cover trade losses from tariffs](https://feedsoft.ai/events/26491-trump-pick-to-lead-usda-eyes-payments-to-farmers-to-cover-trade-losses-from.md) | +0.4% | -1.0% |
| SOY | 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) | +4.4% | +2.9% |
| SOY | 2021-12-23 | [GAO finds Trump trade payments unfair](https://feedsoft.ai/events/43587-gao-finds-trump-trade-payments-unfair.md) | -0.1% | +6.4% |

## Sources

- agriculture.senate.gov: https://www.agriculture.senate.gov/newsroom/dem/press/release/gao-report-trump-usda-picked-winners-losers-in-trade-damage-payments-to-farmers-

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