# Sizing up the new farm rescue package - POLITICO

> Cattle, dairy and hog farmers will receive $9.5 billion of the new aid package, with row crops getting $3.9 billion, specialty crops $2.1 billion and other crops $500 million. Producers are compensated for 85% of losses from January 1 through April 15 and 30% of expected losses for the following two quarters, capped at $125,000 per commodity.

- Date: 2020-04-20 · published 2020-04-20T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/53626-sizing-up-the-new-farm-rescue-package-politico
- 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

Aid weighted toward livestock and dairy can sustain herd and milking levels longer, limiting supply cuts that would otherwise support prices later.

## Read by commodity

- HOGS: neutral
- MILK: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2024-02-15 | [New obligations on importers and traders arising from the EU Deforestation Regulation \| Article \| Chambers and Partners](https://feedsoft.ai/events/31730-new-obligations-on-importers-and-traders-arising-from-the-eu-deforestation.md) | +0.2% | +3.2% |
| LCATTLE | 2020-07-02 | [Stepping up EU action to protect and restore the world's forests \| European Committee of the Regions](https://feedsoft.ai/events/52140-stepping-up-eu-action-to-protect-and-restore-the-world-s-forests-european.md) | +0.3% | +2.8% |
| LCATTLE | 2021-10-01 | [Biden v Big Meat: Can the US tackle rising beef prices?](https://feedsoft.ai/events/44702-biden-v-big-meat-can-the-us-tackle-rising-beef-prices.md) | +1.5% | +1.9% |
| LCATTLE | 2018-08-27 | [Trump farm bailout to provide $6 billion in initial relief](https://feedsoft.ai/events/63524-trump-farm-bailout-to-provide-6-billion-in-initial-relief.md) | -0.1% | +3.5% |
| LCATTLE | 2026-07-24 | [Washington moves the money while pork policy waits](https://feedsoft.ai/events/18320-washington-moves-the-money-while-pork-policy-waits.md) | -0.4% | -2.5% |
| HOGS | 2018-11-14 | [China's top pig farming firm to follow new lower protein feed standards
						 \| The Pig Site](https://feedsoft.ai/events/62041-china-s-top-pig-farming-firm-to-follow-new-lower-protein-feed-standards-the-pig.md) | +0.3% | -5.4% |
| HOGS | 2019-11-18 | [China urges regions to speed up pig breeding ahead of Lunar New Year](https://feedsoft.ai/events/56062-china-urges-regions-to-speed-up-pig-breeding-ahead-of-lunar-new-year.md) | -1.8% | +4.5% |
| HOGS | 2021-10-01 | [Biden v Big Meat: Can the US tackle rising beef prices?](https://feedsoft.ai/events/44702-biden-v-big-meat-can-the-us-tackle-rising-beef-prices.md) | -1.1% | -14.9% |

## Sources

- politico.com: https://www.politico.com/newsletters/morning-agriculture/2020/04/20/sizing-up-the-new-farm-rescue-package-786979

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