# Trump left Biden a $30 billion fund used for trade wars. Biden has other plans for it. - POLITICO

> The Biden administration plans to redirect a $30 billion Agriculture Department fund, previously used for farm aid during the trade war, toward climate initiatives, restaurant support and other programs. The fund is the Commodity Credit Corporation pot used for bailouts.

- Date: 2021-01-31 · published 2021-01-31T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/49112-trump-left-biden-a-30-billion-fund-used-for-trade-wars-biden-has-other-plans
- 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

Redirecting the CCC funds reduces the likelihood of large future farm bailout payments, which could weigh on farm income sentiment but has little immediate effect on feed grain supply.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-01-01 | [Trump unveils $12 billion aid package for farmers hit by trade war](https://feedsoft.ai/events/21484-trump-unveils-12-billion-aid-package-for-farmers-hit-by-trade-war.md) | +0.6% | -0.9% |
| CORN | 2025-02-03 | [Republicans eye bigger farm bailout amid Trump trade wars - POLITICO](https://feedsoft.ai/events/26025-republicans-eye-bigger-farm-bailout-amid-trump-trade-wars-politico.md) | +0.6% | -3.9% |
| CORN | 2019-11-08 | [Perdue: More trade aid for farmers on the way - POLITICO](https://feedsoft.ai/events/56047-perdue-more-trade-aid-for-farmers-on-the-way-politico.md) | +0.0% | -0.3% |
| CORN | 2018-11-19 | [A $12 Billion Program to Help Farmers Stung by Trump’s Trade War Has Aided Few - The New York Times](https://feedsoft.ai/events/62028-a-12-billion-program-to-help-farmers-stung-by-trump-s-trade-war-has-aided-few.md) | -1.4% | +8.5% |
| CORN | 2019-06-11 | [Perdue rules out trade aid for unplanted acres - POLITICO](https://feedsoft.ai/events/58578-perdue-rules-out-trade-aid-for-unplanted-acres-politico.md) | +6.2% | +3.2% |
| SOY | 2026-01-01 | [Trump unveils $12 billion aid package for farmers hit by trade war](https://feedsoft.ai/events/21484-trump-unveils-12-billion-aid-package-for-farmers-hit-by-trade-war.md) | +1.6% | +3.3% |
| SOY | 2025-02-03 | [Republicans eye bigger farm bailout amid Trump trade wars - POLITICO](https://feedsoft.ai/events/26025-republicans-eye-bigger-farm-bailout-amid-trump-trade-wars-politico.md) | +0.7% | -4.2% |
| SOY | 2019-11-08 | [Perdue: More trade aid for farmers on the way - POLITICO](https://feedsoft.ai/events/56047-perdue-more-trade-aid-for-farmers-on-the-way-politico.md) | -2.7% | -3.8% |

## Sources

- politico.com: https://www.politico.com/news/2021/01/31/usda-agriculture-tug-of-war-463843

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