# Biggest trade bailout payments went to Southern farms, GAO finds - POLITICO

> A GAO report found that the largest trade-bailout (Market Facilitation Program) payments went to Southern farms. Georgia producers averaged more than $42,500 per producer, more than double the national average of $16,500.

- Date: 2020-09-16 · published 2020-09-16T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/51104-biggest-trade-bailout-payments-went-to-southern-farms-gao-finds-politico
- 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 report examines how past subsidy payments were distributed and does not change current supply or demand. It has little direct effect on feed commodity prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-10-01 | [New USDA Records Show Trade Bailout and Coronavirus Payments Went to the Largest Farms](https://feedsoft.ai/events/51106-new-usda-records-show-trade-bailout-and-coronavirus-payments-went-to-the.md) | -0.3% | +6.4% |
| CORN | 2024-05-30 | [US Ag Trade Deficit Widens to $32 Billion - Farm Policy News](https://feedsoft.ai/events/14753-us-ag-trade-deficit-widens-to-32-billion-farm-policy-news.md) | -4.0% | -5.1% |
| CORN | 2019-08-30 | [Trade mitigation payments boost farm income \| 2019-08-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57599-trade-mitigation-payments-boost-farm-income-2019-08-30-agri-pulse.md) | -2.4% | +1.4% |
| CORN | 2020-02-05 | [As Trade Aid Winds Downs, Farmers Struggle to Bounce Back • Stateline](https://feedsoft.ai/events/54581-as-trade-aid-winds-downs-farmers-struggle-to-bounce-back-stateline.md) | -1.1% | -0.3% |
| CORN | 2022-02-15 | [USDA unfairly distributed Trump’s trade war payments](https://feedsoft.ai/events/42694-usda-unfairly-distributed-trump-s-trade-war-payments.md) | +1.4% | +13.6% |
| SOY | 2020-10-01 | [New USDA Records Show Trade Bailout and Coronavirus Payments Went to the Largest Farms](https://feedsoft.ai/events/51106-new-usda-records-show-trade-bailout-and-coronavirus-payments-went-to-the.md) | +2.7% | +3.3% |
| SOY | 2024-05-30 | [US Ag Trade Deficit Widens to $32 Billion - Farm Policy News](https://feedsoft.ai/events/14753-us-ag-trade-deficit-widens-to-32-billion-farm-policy-news.md) | -3.0% | -5.1% |
| SOY | 2019-08-30 | [Trade mitigation payments boost farm income \| 2019-08-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57599-trade-mitigation-payments-boost-farm-income-2019-08-30-agri-pulse.md) | -1.3% | +3.1% |

## Sources

- politico.com: https://www.politico.com/news/2020/09/16/biggest-trade-bailout-payments-went-to-southern-farms-gao-finds-416406

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