# 'Tough year,' says Perdue as USDA boosts trade-war payments to $14.5 billion

> USDA announced $3.6 billion in trade-war payments to farmers, bringing total tariff payments on 2019 production to $14.5 billion. Secretary Perdue tied the aid to the Phase One China deal and the USMCA signing, and only one large Chinese soybean purchase has been reported so far.

- Date: 2020-02-04 · published 2020-02-04T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/54578-tough-year-says-perdue-as-usda-boosts-trade-war-payments-to-14-5-billion
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Government payments support farm income and may keep planted acreage and production steady, but they do not directly change feed supply, and China's purchase pace is the key price driver for soybeans and corn.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-12-12 | [Farmers receive $10.5 billion to offset trade war losses — APM Research Lab](https://feedsoft.ai/events/55565-farmers-receive-10-5-billion-to-offset-trade-war-losses-apm-research-lab.md) | +3.9% | +4.6% |
| SOY | 2019-02-22 | [U.S. Farmers Receive $7.7 Billion in Trade Aid to Date: USDA - Business Insider](https://feedsoft.ai/events/60600-u-s-farmers-receive-7-7-billion-in-trade-aid-to-date-usda-business-insider.md) | -1.5% | -0.1% |
| SOY | 2025-03-05 | [China to boost food imports from Latin America, Europe as US trade war escalates \| Reuters](https://feedsoft.ai/events/14678-china-to-boost-food-imports-from-latin-america-europe-as-us-trade-war-escalates.md) | +1.4% | +5.1% |
| SOY | 2018-03-02 | [Alarm bells over shift to trade war](https://feedsoft.ai/events/66246-alarm-bells-over-shift-to-trade-war.md) | -0.4% | -1.2% |
| SOY | 2018-08-26 | [USDA announces first half $12 billion ag trade aid package \| 2018-08-26 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/4764-usda-announces-first-half-12-billion-ag-trade-aid-package-2018-08-26-agri-pulse.md) | -1.1% | -0.1% |
| CORN | 2019-12-12 | [Farmers receive $10.5 billion to offset trade war losses — APM Research Lab](https://feedsoft.ai/events/55565-farmers-receive-10-5-billion-to-offset-trade-war-losses-apm-research-lab.md) | +5.5% | +5.7% |
| CORN | 2019-02-22 | [USDA has paid out $7.7 billion to help farmers hit by Trump's tariffs](https://feedsoft.ai/events/60597-usda-has-paid-out-7-7-billion-to-help-farmers-hit-by-trump-s-tariffs.md) | -1.3% | +2.0% |
| CORN | 2018-07-10 | [Global trade war to be a boon for Black Sea grain](https://feedsoft.ai/events/63884-global-trade-war-to-be-a-boon-for-black-sea-grain.md) | -1.8% | +7.9% |

## Sources

- agriculture.com: https://www.agriculture.com/news/business/tough-year-says-perdue-as-usda-boosts-trade-war-payments-to-145-billion

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