# U.S. farmers receive $14.03 billion so far in government trade aid

> USDA has paid farmers $14.03 billion of a promised $28 billion in compensation for losses from trade disputes with China, as of early October. The latest trade aid round has paid $5.43 billion, up from $4.07 billion in mid-September, while $8.6 billion has been paid under the first Market Facilitation Program round.

- Date: 2019-10-02 · published 2019-10-02T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/56547-u-s-farmers-receive-14-03-billion-so-far-in-government-trade-aid
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Continued government payments cushion farm income and may keep acreage and feed grain supply steady despite weak export demand, a bearish influence on corn and soybean prices over time.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-04-25 | [Farmers have received $8.4 billion in China trade war aid - UPI.com](https://feedsoft.ai/events/59574-farmers-have-received-8-4-billion-in-china-trade-war-aid-upi-com.md) | -1.8% | -3.1% |
| SOY | 2019-05-16 | [Trade-war crop rout imperils government's bid to revive economy \| Buenos Aires Times](https://feedsoft.ai/events/58925-trade-war-crop-rout-imperils-government-s-bid-to-revive-economy-buenos-aires.md) | -0.8% | +6.3% |
| SOY | 2018-11-12 | [U.S. soybean farmers hang on for dear life in Trump's China trade war](https://feedsoft.ai/events/62097-u-s-soybean-farmers-hang-on-for-dear-life-in-trump-s-china-trade-war.md) | +1.9% | +4.5% |
| SOY | 2021-07-29 | [U.S. Trade Tariffs on China Near $100 Billion](https://feedsoft.ai/events/45924-u-s-trade-tariffs-on-china-near-100-billion.md) | -2.0% | -6.0% |
| SOY | 2024-10-17 | [New US-China Trade War Could Cost Farmers Billions \| Farm Policy News \| Illinois](https://feedsoft.ai/events/27846-new-us-china-trade-war-could-cost-farmers-billions-farm-policy-news-illinois.md) | +1.8% | +2.5% |
| CORN | 2019-05-16 | [Trade-war crop rout imperils government's bid to revive economy \| Buenos Aires Times](https://feedsoft.ai/events/58925-trade-war-crop-rout-imperils-government-s-bid-to-revive-economy-buenos-aires.md) | +4.0% | +9.8% |
| CORN | 2017-04-04 | [US grain farmers go to Mexico to assure buyers vexed by trade relation](https://feedsoft.ai/events/71459-us-grain-farmers-go-to-mexico-to-assure-buyers-vexed-by-trade-relation.md) | -0.2% | +0.2% |
| CORN | 2024-10-17 | [New US-China Trade War Could Cost Farmers Billions \| Farm Policy News \| Illinois](https://feedsoft.ai/events/27846-new-us-china-trade-war-could-cost-farmers-billions-farm-policy-news-illinois.md) | +2.1% | +2.9% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-farm-aid/u-s-farmers-receive-14-03-billion-so-far-in-government-trade-aid-idUSKBN1WH27J/

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