# USDA announces first half $12 billion ag trade aid package | 2018-08-26 | Agri-Pulse | Agri-Pulse Communications, Inc.

> USDA announced details for about $6.3 billion of the $12 billion trade aid package for producers hurt by disputes with China, Mexico, the EU and Turkey. The payments cover roughly half of the potential direct aid for soybeans, corn, wheat, cotton, sorghum, dairy and pork. A second tranche will be decided in December based on trade developments.

- Date: 2018-08-26 · published 2018-08-26T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/4764-usda-announces-first-half-12-billion-ag-trade-aid-package-2018-08-26-agri-pulse
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Direct payments cushion producer losses from lost export demand and can keep acreage and output steady. Soybeans are expected to be the largest beneficiaries, and the December review could shift the timing of future support.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-28 | [Ag trade remains key for US negotiators ahead of Trump-Xi meeting \| 2018-11-27 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/61936-ag-trade-remains-key-for-us-negotiators-ahead-of-trump-xi-meeting-2018-11-27.md) | +4.1% | -0.7% |
| SOY | 2021-11-17 | [House hearing highlights calls for new international trade pacts \| 2021-11-17 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44035-house-hearing-highlights-calls-for-new-international-trade-pacts-2021-11-17.md) | +1.7% | +0.9% |
| SOY | 2024-04-14 | [Washington Week Ahead: Biden trade policy gets Hill scrutiny \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/30722-washington-week-ahead-biden-trade-policy-gets-hill-scrutiny-agri-pulse.md) | -2.0% | +2.6% |
| SOY | 2021-11-15 | [Tariffs and supply chain not on agenda for Biden-Xi meeting \| 2021-11-14 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14978-tariffs-and-supply-chain-not-on-agenda-for-biden-xi-meeting-2021-11-14-agri.md) | +2.4% | +0.8% |
| SOY | 2025-08-21 | [Daybreak Aug. 21: Thune open to emergency farm aid \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/23308-daybreak-aug-21-thune-open-to-emergency-farm-aid-agri-pulse-communications-inc.md) | +1.2% | +2.2% |
| CORN | 2018-03-12 | [Syngenta agrees to $1.5 B settlement of corn trait litigation \| 2018-03-12 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/65981-syngenta-agrees-to-1-5-b-settlement-of-corn-trait-litigation-2018-03-12-agri.md) | +1.7% | +5.0% |
| CORN | 2018-11-28 | [Ag trade remains key for US negotiators ahead of Trump-Xi meeting \| 2018-11-27 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/61936-ag-trade-remains-key-for-us-negotiators-ahead-of-trump-xi-meeting-2018-11-27.md) | +8.7% | +9.1% |
| CORN | 2024-04-14 | [Washington Week Ahead: Biden trade policy gets Hill scrutiny \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/30722-washington-week-ahead-biden-trade-policy-gets-hill-scrutiny-agri-pulse.md) | -0.2% | +2.0% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/11370-usda-announces-first-half-12-billion-ag-trade-aid-package

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