# Perdue: More trade aid for farmers on the way - POLITICO

> USDA has paid farmers $6.7 billion for 2019 production, on top of $8.6 billion for 2018 production, with up to $14.5 billion promised for 2019 in three batches. More than 564,000 producers have applied for 2019 aid.

- Date: 2019-11-08 · published 2019-11-08T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/56047-perdue-more-trade-aid-for-farmers-on-the-way-politico
- 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

Ongoing aid payments support farm incomes during trade disruption but do not directly alter export demand. Price impact is minor.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-02-21 | [Trump teases more trade bailout money for farmers - POLITICO](https://feedsoft.ai/events/54580-trump-teases-more-trade-bailout-money-for-farmers-politico.md) | -3.1% | -5.1% |
| CORN | 2019-06-11 | [Perdue rules out trade aid for unplanted acres - POLITICO](https://feedsoft.ai/events/58578-perdue-rules-out-trade-aid-for-unplanted-acres-politico.md) | +6.2% | +3.2% |
| CORN | 2019-04-29 | [Perdue extends trade-aid reporting deadline - POLITICO](https://feedsoft.ai/events/59575-perdue-extends-trade-aid-reporting-deadline-politico.md) | +0.1% | +6.9% |
| CORN | 2018-11-28 | [Penny for your corn? Stingy trade-war aid irks U.S. farmers](https://feedsoft.ai/events/62029-penny-for-your-corn-stingy-trade-war-aid-irks-u-s-farmers.md) | +8.7% | +9.1% |
| CORN | 2020-03-11 | [The coronavirus stimulus plan for ag, trade - POLITICO](https://feedsoft.ai/events/54118-the-coronavirus-stimulus-plan-for-ag-trade-politico.md) | -6.0% | -3.6% |
| SOY | 2020-02-21 | [Trump teases more trade bailout money for farmers - POLITICO](https://feedsoft.ai/events/54580-trump-teases-more-trade-bailout-money-for-farmers-politico.md) | -0.7% | -5.5% |
| SOY | 2019-06-11 | [Perdue rules out trade aid for unplanted acres - POLITICO](https://feedsoft.ai/events/58578-perdue-rules-out-trade-aid-for-unplanted-acres-politico.md) | +6.3% | +2.8% |
| SOY | 2018-08-27 | [Trump offers trade aid to farmers, but some question its fairness - POLITICO](https://feedsoft.ai/events/63523-trump-offers-trade-aid-to-farmers-but-some-question-its-fairness-politico.md) | -1.1% | -0.1% |

## Sources

- politico.com: https://www.politico.com/news/2019/11/07/perdue-more-trade-aid-for-farmers-on-the-way-067540

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