# President Trump Delivers Remarks on Food Supply Chain : CSPAN : May 19, 2020 7:21pm-8:01pm EDT

> President Trump spoke at the White House about the food supply chain and announced the $19 billion Coronavirus Food Assistance Program. The program includes $16 billion in direct payments to farmers and ranchers for pandemic losses. He also discussed connecting farms to food banks.

- Date: 2020-05-19 · published 2020-05-19T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/53128-president-trump-delivers-remarks-on-food-supply-chain-cspan-may-19-2020-7-21pm
- 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

Direct payments and food bank links may support farm incomes and keep livestock and crop operations running. This could sustain feed demand, but the remarks themselves do not change supply.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-10-04 | [President Trump Delivers on a Key Promise to American Farmers as EPA, USDA Announce Agreement on Promoting Biofuels \| US EPA](https://feedsoft.ai/events/56438-president-trump-delivers-on-a-key-promise-to-american-farmers-as-epa-usda.md) | +0.3% | +0.2% |
| CORN | 2018-06-21 | [Live: President Trump in Missouri \| CNN Politics](https://feedsoft.ai/events/64518-live-president-trump-in-missouri-cnn-politics.md) | -0.2% | -0.9% |
| CORN | 2020-11-01 | [Trump Funnels Record Subsidies to Farmers Ahead of Election Day (Published 2020)](https://feedsoft.ai/events/50631-trump-funnels-record-subsidies-to-farmers-ahead-of-election-day-published-2020.md) | +0.5% | +8.6% |
| CORN | 2025-06-11 | [China Nudges Pig Farmers to Restrain Supply After Prices Slump](https://feedsoft.ai/events/24184-china-nudges-pig-farmers-to-restrain-supply-after-prices-slump.md) | -0.5% | -4.1% |
| CORN | 2020-08-25 | [Biden hits Trump over Renewable Fuel Standard delays, waivers \| 2020-08-25  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/51488-biden-hits-trump-over-renewable-fuel-standard-delays-waivers-2020-08-25-agri.md) | +3.0% | +8.9% |
| SOY | 2019-07-23 | [Pressure mounts on President-elect as EU Commission opens door to regulating supply chains to tackle deforestation - Fern](https://feedsoft.ai/events/58117-pressure-mounts-on-president-elect-as-eu-commission-opens-door-to-regulating.md) | -0.3% | -3.9% |
| SOY | 2020-05-27 | [Fern: Pressure mounts on President-elect as EU Commission opens door to regulating supply chains to tackle deforestation - CBFP](https://feedsoft.ai/events/53150-fern-pressure-mounts-on-president-elect-as-eu-commission-opens-door-to.md) | +0.4% | +3.3% |
| SOY | 2024-03-05 | [EUDR: Is the food industry ready to prove its supply chains are deforestation-free?](https://feedsoft.ai/events/31226-eudr-is-the-food-industry-ready-to-prove-its-supply-chains-are-deforestation.md) | +1.6% | +2.4% |

## Sources

- archive.org: http://archive.org/details/CSPAN_20200519_232100_President_Trump_Delivers_Remarks_on_Food_Supply_Chain

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