# Farm Bailout Payments Could Ignite New Front in Trade War | Environmental Working Group

> The Environmental Working Group reports that 2019 federal farm payments totaled $34 billion, including $14.5 billion from the Market Facilitation Program and $6.5 billion from CFAP. It warns that additional bailout payments could push spending past the WTO subsidy cap and invite retaliation.

- Date: 2020-06-17 · published 2020-06-17T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/52601-farm-bailout-payments-could-ignite-new-front-in-trade-war-environmental-working
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Possible WTO challenges and retaliation threaten US farm export demand, a bearish factor for feed grains and soybean meal, though the payments themselves support producer incomes.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-10-17 | [New US-China Trade War Could Cost Farmers Billions \| Farm Policy News \| Illinois](https://feedsoft.ai/events/27846-new-us-china-trade-war-could-cost-farmers-billions-farm-policy-news-illinois.md) | +2.1% | +2.9% |
| CORN | 2019-05-23 | [Farm groups cheer aid, but want end to trade war \| 2019-05-23 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/59177-farm-groups-cheer-aid-but-want-end-to-trade-war-2019-05-23-agri-pulse-agri.md) | +3.7% | +7.9% |
| CORN | 2025-05-28 | [China halted U.S. soybean & corn imports before Trump tariff war – China Environment News](https://feedsoft.ai/events/14664-china-halted-u-s-soybean-and-corn-imports-before-trump-tariff-war-china.md) | -2.1% | -7.3% |
| CORN | 2018-08-07 | [Shipping markets in chaos over trade war \| 2018-08-07  \| World Grain](https://feedsoft.ai/events/63422-shipping-markets-in-chaos-over-trade-war-2018-08-07-world-grain.md) | -9.1% | -9.9% |
| CORN | 2018-08-01 | [New farm bill offers limited help in case of prolonged trade war \| 2018-07-31 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/63525-new-farm-bill-offers-limited-help-in-case-of-prolonged-trade-war-2018-07-31.md) | +7.9% | -4.6% |
| SOY | 2019-08-08 | [US-China trade war: Soybean farmers are working new markets](https://feedsoft.ai/events/57614-us-china-trade-war-soybean-farmers-are-working-new-markets.md) | +1.4% | +0.1% |
| SOY | 2024-10-17 | [New US-China Trade War Could Cost Farmers Billions \| Farm Policy News \| Illinois](https://feedsoft.ai/events/27846-new-us-china-trade-war-could-cost-farmers-billions-farm-policy-news-illinois.md) | +1.8% | +2.5% |
| SOY | 2019-05-23 | [Farm groups cheer aid, but want end to trade war \| 2019-05-23 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/59177-farm-groups-cheer-aid-but-want-end-to-trade-war-2019-05-23-agri-pulse-agri.md) | +7.3% | +10.5% |

## Sources

- ewg.org: https://www.ewg.org/news-insights/news/farm-bailout-payments-could-ignite-new-front-trade-war

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