# GAO finds Trump trade payments unfair

> Farm Progress reports that a GAO report found USDA used inaccurate baseline prices for 2019 Market Facilitation Program payments. The report says corn payments were about $3 billion above USDA's trade damage estimate, while soybean, sorghum and cotton payments were lower.

- Date: 2021-12-23 · published 2021-12-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/43587-gao-finds-trump-trade-payments-unfair
- 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 findings may influence future trade-aid calculations, but they do not change current supply, demand or prices for feed grains.

## 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 | 2021-02-24 | [Analysis finds Trump's trade bailouts go to largest farms](https://feedsoft.ai/events/48611-analysis-finds-trump-s-trade-bailouts-go-to-largest-farms.md) | +0.7% | +5.4% |
| CORN | 2025-11-26 | [Groups Press USDA to Tighten Standards for Expected Trade Aid Payments](https://feedsoft.ai/events/21940-groups-press-usda-to-tighten-standards-for-expected-trade-aid-payments.md) | +1.3% | +3.2% |
| CORN | 2018-12-17 | [USDA Launches Second Round of Trade Mitigation Payments](https://feedsoft.ai/events/61569-usda-launches-second-round-of-trade-mitigation-payments.md) | +0.4% | +0.3% |
| CORN | 2021-12-20 | [2021-12-20 GAO Report: Trump USDA Picked Winners, Losers in Trade...](https://feedsoft.ai/events/43581-2021-12-20-gao-report-trump-usda-picked-winners-losers-in-trade.md) | -2.3% | -2.0% |
| 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 | 2021-02-24 | [Analysis finds Trump's trade bailouts go to largest farms](https://feedsoft.ai/events/48611-analysis-finds-trump-s-trade-bailouts-go-to-largest-farms.md) | +0.6% | +1.2% |
| 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% |

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-operations/gao-finds-trump-trade-payments-unfair

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