# USDA Trade Mitigation Purchases to Feed People in Need and Aid American Farmers Surpass $2B | USDA

> USDA says its Food Purchase and Distribution Program has bought more than $2.2 billion of meat, produce, specialty crops and dairy in fiscal 2019 and 2020 as trade mitigation. It expects to reach its roughly $1.4 billion fiscal-year goal by September 30.

- Date: 2020-06-16 · published 2020-06-16T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/52597-usda-trade-mitigation-purchases-to-feed-people-in-need-and-aid-american-farmers
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Government food purchases add modest demand for meat and dairy products but are small relative to feed grain and meal flows, so the effect on feed prices is limited.

## Read by commodity

- HOGS: bullish ▲
- MILK: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-01-15 | [China deal to open flood gates for US ag trade \| 2020-01-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55159-china-deal-to-open-flood-gates-for-us-ag-trade-2020-01-15-agri-pulse.md) | -0.4% | -4.5% |
| LCATTLE | 2026-03-15 | [EXCLUSIVE: US, China discuss farm goods, managed trade in 'remarkably stable' Paris talks, sources say \| Reuters](https://feedsoft.ai/events/14590-exclusive-us-china-discuss-farm-goods-managed-trade-in-remarkably-stable-paris.md) | -0.4% | +6.0% |
| LCATTLE | 2022-09-12 | [Cattle Imports and Exports in North America with Derrell Peel - Oklahoma Farm Report](https://feedsoft.ai/events/39525-cattle-imports-and-exports-in-north-america-with-derrell-peel-oklahoma-farm.md) | -0.2% | +0.5% |
| LCATTLE | 2023-09-15 | [An update on current North American live cattle trade \| Western Livestock Journal](https://feedsoft.ai/events/34033-an-update-on-current-north-american-live-cattle-trade-western-livestock-journal.md) | +0.3% | +0.1% |
| LCATTLE | 2017-01-01 | [International Trade Has Been Major Source for Strengthening Prices](https://feedsoft.ai/events/72948-international-trade-has-been-major-source-for-strengthening-prices.md) | -0.8% | +2.6% |
| HOGS | 2019-04-14 | [Hog virus pushes China to increase US pork purchases despite trade war
						 \| The Pig Site](https://feedsoft.ai/events/7159-hog-virus-pushes-china-to-increase-us-pork-purchases-despite-trade-war-the-pig.md) | +8.5% | +5.4% |
| HOGS | 2020-04-14 | [China buys more US farm products amid plunge in trade](https://feedsoft.ai/events/53503-china-buys-more-us-farm-products-amid-plunge-in-trade.md) | -5.2% | +41.5% |
| HOGS | 2020-02-25 | [US: China lifts some trade barriers in phase one \| 2020-02-25  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54479-us-china-lifts-some-trade-barriers-in-phase-one-2020-02-25-agri-pulse.md) | -1.6% | +4.2% |

## Sources

- usda.gov: https://www.usda.gov/about-usda/news/press-releases/2020/06/16/usda-trade-mitigation-purchases-feed-people-need-and-aid-american-farmers-surpass-2b

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