# USDA Details Trade Damage Estimate Calculations

> USDA's Office of the Chief Economist published its methodology for estimating trade damage used to set payment rates and purchase levels for the July 25, 2019 farm support package. The calculation covers commodities with assessed retaliatory tariffs from China, India, the European Union, and Turkey.

- Date: 2019-08-23 · published 2019-08-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/57591-usda-details-trade-damage-estimate-calculations
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The published methodology explains how payment rates were set, which affects expected farm cash flow and the pace of commodity marketing. It does not itself change export demand or prices.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-07-10 | [EU’s trade deals can put an end to deforestation](https://feedsoft.ai/events/52143-eu-s-trade-deals-can-put-an-end-to-deforestation.md) | -0.5% | -1.9% |
| SOY | 2018-12-17 | [17 Questions and Answers on the USDA Trade Retaliation Mitigation Payments](https://feedsoft.ai/events/61572-17-questions-and-answers-on-the-usda-trade-retaliation-mitigation-payments.md) | -1.7% | -0.8% |
| SOY | 2018-09-04 | [USDA Launches Trade Mitigation Programs \| USDA](https://feedsoft.ai/events/63024-usda-launches-trade-mitigation-programs-usda.md) | +0.1% | +3.0% |
| SOY | 2019-01-10 | [Farm Policy: USDA's Trade Aid Package](https://feedsoft.ai/events/60965-farm-policy-usda-s-trade-aid-package.md) | -1.9% | +0.2% |
| SOY | 2018-09-15 | [New answers on how USDA determined trade aid](https://feedsoft.ai/events/63098-new-answers-on-how-usda-determined-trade-aid.md) | +3.1% | +5.6% |
| CORN | 2018-12-17 | [17 Questions and Answers on the USDA Trade Retaliation Mitigation Payments](https://feedsoft.ai/events/61572-17-questions-and-answers-on-the-usda-trade-retaliation-mitigation-payments.md) | +0.4% | +0.3% |
| CORN | 2018-09-04 | [USDA Launches Trade Mitigation Programs \| USDA](https://feedsoft.ai/events/63024-usda-launches-trade-mitigation-programs-usda.md) | +0.5% | +1.8% |
| CORN | 2019-01-10 | [Farm Policy: USDA's Trade Aid Package](https://feedsoft.ai/events/60965-farm-policy-usda-s-trade-aid-package.md) | -1.4% | +0.2% |

## Sources

- usda.gov: https://www.usda.gov/about-usda/news/press-releases/2019/08/23/usda-details-trade-damage-estimate-calculations

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