# Farmers have received $8.4 billion in China trade war aid - UPI.com

> USDA has paid farmers $8.39 billion of the estimated $9.56 billion promised for China trade-war losses, with soybean growers receiving the largest share. No similar aid is budgeted for 2019, and Purdue's James Mintert said the payments were decisive for many 2018 farms.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/59574-farmers-have-received-8-4-billion-in-china-trade-war-aid-upi-com
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

With no 2019 aid budgeted, farmers face weaker margins while China tariffs persist, which can reduce soybean marketing and feed use and keep soy-based feed prices under pressure.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-10-02 | [U.S. farmers receive $14.03 billion so far in government trade aid](https://feedsoft.ai/events/56547-u-s-farmers-receive-14-03-billion-so-far-in-government-trade-aid.md) | +0.1% | -0.1% |
| 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% |
| 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 | 2024-12-12 | [Trump trade war to hurt farmers as China turns to Brazil](https://feedsoft.ai/events/14698-trump-trade-war-to-hurt-farmers-as-china-turns-to-brazil.md) | -4.4% | +1.8% |
| SOY | 2018-12-31 | [Trade wars cost U.S., China billions of dollars each in 2018](https://feedsoft.ai/events/61652-trade-wars-cost-u-s-china-billions-of-dollars-each-in-2018.md) | +3.3% | +4.1% |
| SBM | 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) | -0.4% | -7.2% |
| SBM | 2018-12-31 | [Trade wars cost U.S., China billions of dollars each in 2018](https://feedsoft.ai/events/61652-trade-wars-cost-u-s-china-billions-of-dollars-each-in-2018.md) | +3.0% | +0.9% |
| SBM | 2018-10-12 | [Trade War Drives Farmers to Corn as China Shuns US Soybeans - TT](https://feedsoft.ai/events/8558-trade-war-drives-farmers-to-corn-as-china-shuns-us-soybeans-tt.md) | +1.1% | -2.1% |

## Sources

- upi.com: https://www.upi.com/Top_News/US/2019/04/25/Farmers-have-received-84-billion-in-China-trade-war-aid/8391556212992/

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