# Farm groups cheer aid, but want end to trade war | 2019-05-23 | Agri-Pulse | Agri-Pulse Communications, Inc.

> US farm groups welcomed the Trump administration's trade aid package of up to $16 billion to offset Chinese tariffs. They stressed it is short-term relief and no substitute for a trade deal with China. Trump said talks may resume but none are scheduled, and tensions have risen after both sides raised tariffs.

- Date: 2019-05-23 · published 2019-05-23T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/59177-farm-groups-cheer-aid-but-want-end-to-trade-war-2019-05-23-agri-pulse-agri
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The aid cushions US farm income but leaves export demand from China uncertain, which keeps pressure on soybean, corn and wheat prices. A trade deal would be the main upside catalyst.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- RICE: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-01-03 | [Ag groups see trade, farm bill among top challenges in 2018 \| 2018-01-02 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/66972-ag-groups-see-trade-farm-bill-among-top-challenges-in-2018-2018-01-02-agri.md) | +0.1% | +4.3% |
| SOY | 2017-05-03 | [U.S. farm groups seek trade stability amid turbulence over NAFTA \| 2017-05-03 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/70980-u-s-farm-groups-seek-trade-stability-amid-turbulence-over-nafta-2017-05-03-agri.md) | +0.8% | -4.4% |
| SOY | 2018-08-01 | [New farm bill offers limited help in case of prolonged trade war \| 2018-07-31 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/63525-new-farm-bill-offers-limited-help-in-case-of-prolonged-trade-war-2018-07-31.md) | -1.6% | -9.2% |
| SOY | 2020-07-01 | [Cheers for USMCA, but ag concerns persist \| 2020-06-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52082-cheers-for-usmca-but-ag-concerns-persist-2020-06-30-agri-pulse-communications.md) | +1.2% | +0.8% |
| SOY | 2024-05-30 | [Daybreak: Trade deficit grows as China sales weaken \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14752-daybreak-trade-deficit-grows-as-china-sales-weaken-agri-pulse-communications-inc.md) | -3.0% | -5.1% |
| CORN | 2018-01-03 | [Ag groups see trade, farm bill among top challenges in 2018 \| 2018-01-02 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/66972-ag-groups-see-trade-farm-bill-among-top-challenges-in-2018-2018-01-02-agri.md) | -0.9% | +1.8% |
| CORN | 2017-05-03 | [U.S. farm groups seek trade stability amid turbulence over NAFTA \| 2017-05-03 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/70980-u-s-farm-groups-seek-trade-stability-amid-turbulence-over-nafta-2017-05-03-agri.md) | +0.5% | +1.2% |
| CORN | 2018-08-01 | [New farm bill offers limited help in case of prolonged trade war \| 2018-07-31 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/63525-new-farm-bill-offers-limited-help-in-case-of-prolonged-trade-war-2018-07-31.md) | +7.9% | -4.6% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/12237-farm-groups-cheer-aid-but-want-end-to-trade-war

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