# Subsidies carried large U.S. farms through crippling trade war | Business | breezejmu.org

> An opinion piece reviews the US-China trade war and notes Chinese purchases of US farm goods remain below the $36.5 billion Phase 1 commitment. Government farm subsidies reached an all-time high of $51.2 billion before the 2020 election. The article describes the trade war's lasting damage to farm income.

- Date: 2021-04-29 · published 2021-04-29T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/47583-subsidies-carried-large-u-s-farms-through-crippling-trade-war-business
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Persistent shortfall against Phase 1 purchase commitments signals weaker-than-promised China demand for US soybeans and corn, a modest bearish factor.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-11-19 | [U.S. Soybean Prices Crumble as Trade War Sparks Brazil Rally - Pork Business](https://feedsoft.ai/events/50180-u-s-soybean-prices-crumble-as-trade-war-sparks-brazil-rally-pork-business.md) | +0.7% | +2.2% |
| SOY | 2018-10-22 | [Damaged soybean crop hits farmers reeling from U.S.-China trade war \| Farmtario](https://feedsoft.ai/events/62590-damaged-soybean-crop-hits-farmers-reeling-from-u-s-china-trade-war-farmtario.md) | -1.4% | +4.1% |
| SOY | 2025-06-23 | [US farmers face tough outlook as China switches suppliers amid trade war \| South China Morning Post](https://feedsoft.ai/events/14655-us-farmers-face-tough-outlook-as-china-switches-suppliers-amid-trade-war-south.md) | -3.8% | -5.0% |
| SOY | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +1.9% | +1.5% |
| SOY | 2019-08-22 | [On the front lines: Trade war sinks North Dakota soybean farmers](https://feedsoft.ai/events/57612-on-the-front-lines-trade-war-sinks-north-dakota-soybean-farmers.md) | -0.9% | +3.8% |
| CORN | 2025-06-23 | [US farmers face tough outlook as China switches suppliers amid trade war \| South China Morning Post](https://feedsoft.ai/events/14655-us-farmers-face-tough-outlook-as-china-switches-suppliers-amid-trade-war-south.md) | -1.5% | -3.7% |
| CORN | 2020-11-20 | [China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business](https://feedsoft.ai/events/50015-china-targets-u-s-farm-imports-with-tariffs-on-soy-corn-pork-business.md) | +0.1% | +1.2% |
| CORN | 2024-06-03 | [How China minimised US farm imports and sharpened its trade war tactics \| World News - Business Standard](https://feedsoft.ai/events/14747-how-china-minimised-us-farm-imports-and-sharpened-its-trade-war-tactics-world.md) | -1.6% | -6.0% |

## Sources

- breezejmu.org: https://www.breezejmu.org/business/subsidies-carried-large-u-s-farms-through-crippling-trade-war/article_1db06e00-a8d8-11eb-b4bf-efad083266df.html

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