# Economic Study Quantifies the Cost of the Trade War on U.S. Agriculture

> A study by agricultural economists estimates that retaliatory tariffs in the 2018/19 trade conflict cut US agricultural exports by $13.5 to $18.7 billion annually. Bulk commodities suffered most, and exports were not effectively redirected to non-retaliating markets. The study compares these losses with USDA trade aid.

- Date: 2021-04-20 · published 2021-04-20T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/47582-economic-study-quantifies-the-cost-of-the-trade-war-on-u-s-agriculture
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The findings document past export losses on bulk crops like soybeans and corn, but they describe history rather than new demand changes.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-03-07 | [Retaliatory Tariffs Reduced U.S. States’ Exports of Agricultural Commodities \| Economic Research Service](https://feedsoft.ai/events/14949-retaliatory-tariffs-reduced-u-s-states-exports-of-agricultural-commodities.md) | +0.9% | -5.6% |
| SOY | 2017-12-05 | [The real question on NAFTA and agriculture](https://feedsoft.ai/events/67460-the-real-question-on-nafta-and-agriculture.md) | -1.6% | -3.9% |
| SOY | 2017-04-06 | [US Agriculture Bets the Farm on Chinese Soy Demand](https://feedsoft.ai/events/71362-us-agriculture-bets-the-farm-on-chinese-soy-demand.md) | +0.4% | +2.2% |
| SOY | 2020-01-03 | [Planters’ peril: US farmers bear fallout of trade war uncertainty \| Agriculture \| Al Jazeera](https://feedsoft.ai/events/55141-planters-peril-us-farmers-bear-fallout-of-trade-war-uncertainty-agriculture-al.md) | -1.1% | -7.6% |
| SOY | 2019-10-26 | [Harvest weather & trade war guide grains — this week in the grain markets - RealAgriculture](https://feedsoft.ai/events/56542-harvest-weather-and-trade-war-guide-grains-this-week-in-the-grain-markets.md) | +0.4% | -2.5% |
| CORN | 2020-01-16 | [What is the toll of trade wars on U.S. agriculture? \| PBS News](https://feedsoft.ai/events/55070-what-is-the-toll-of-trade-wars-on-u-s-agriculture-pbs-news.md) | +0.7% | -1.7% |
| CORN | 2026-10-01 | [The Corn Dispute at the Heart of US–Mexico Agricultural Trade](https://feedsoft.ai/events/17432-the-corn-dispute-at-the-heart-of-us-mexico-agricultural-trade.md) | -1.2% | -6.7% |
| CORN | 2017-12-05 | [The real question on NAFTA and agriculture](https://feedsoft.ai/events/67460-the-real-question-on-nafta-and-agriculture.md) | +2.8% | +5.6% |

## Sources

- prweb.com: https://www.prweb.com/releases/economic-study-quantifies-the-cost-of-the-trade-war-on-u-s-agriculture-898609404.html

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