# Farmers receive $10.5 billion to offset trade war losses — APM Research Lab

> Analysis of USDA data shows the Market Facilitation Program paid about $10.5 billion from fall 2018 to November 1, 2019, with Illinois, Iowa and Minnesota each receiving over $1 billion. Payments were concentrated among a small number of large operations.

- Date: 2019-12-12 · published 2019-12-12T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/55565-farmers-receive-10-5-billion-to-offset-trade-war-losses-apm-research-lab
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Trade aid keeps US farmers planting and holding crops despite weak export prices, which sustains supply and keeps pressure on cash grain prices.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-02-04 | ['Tough year,' says Perdue as USDA boosts trade-war payments to $14.5 billion](https://feedsoft.ai/events/54578-tough-year-says-perdue-as-usda-boosts-trade-war-payments-to-14-5-billion.md) | -0.2% | -0.9% |
| CORN | 2017-12-20 | [Ohio grain farmers talk trade and farm bill - Farm and Dairy](https://feedsoft.ai/events/67464-ohio-grain-farmers-talk-trade-and-farm-bill-farm-and-dairy.md) | +0.9% | +1.6% |
| CORN | 2025-01-21 | [Trump to hold off on tariffs, report says, easing trade war fears](https://feedsoft.ai/events/12678-trump-to-hold-off-on-tariffs-report-says-easing-trade-war-fears.md) | -0.5% | +3.8% |
| 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 | 2022-08-18 | [Farmers’ voices continue to reiterate ag trade issues](https://feedsoft.ai/events/40023-farmers-voices-continue-to-reiterate-ag-trade-issues.md) | +0.4% | +3.4% |
| 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 | 2020-02-04 | ['Tough year,' says Perdue as USDA boosts trade-war payments to $14.5 billion](https://feedsoft.ai/events/54578-tough-year-says-perdue-as-usda-boosts-trade-war-payments-to-14-5-billion.md) | +0.8% | +1.8% |
| SOY | 2017-12-20 | [Ohio grain farmers talk trade and farm bill - Farm and Dairy](https://feedsoft.ai/events/67464-ohio-grain-farmers-talk-trade-and-farm-bill-farm-and-dairy.md) | -0.1% | +2.2% |

## Sources

- apmresearchlab.org: https://www.apmresearchlab.org/farm-aid

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