# Farm subsidies, prices temper Trump trade tariffs

> USDA's first 2019 forecast projects farm profit rising 10% to $69.4 billion, partly offsetting a 16% decline in 2018 but still below 2000-2017 averages. Farmers say retaliatory tariffs and low prices from several years of large harvests continue to strain operations, while subsidies and firmer prices soften the impact.

- Date: 2019-03-31 · published 2019-03-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/60081-farm-subsidies-prices-temper-trump-trade-tariffs
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Improved farm income supports continued production, while persistent retaliatory tariffs keep export demand for US grains and soybeans under pressure.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-07-12 | [Soybean Prices Near Decade-Low as China Tariffs Hammer Supply Forecast](https://feedsoft.ai/events/63999-soybean-prices-near-decade-low-as-china-tariffs-hammer-supply-forecast.md) | +1.5% | +7.7% |
| SOY | 2019-07-30 | [Crop prices poised to stagnate: FAO \| Farmtario](https://feedsoft.ai/events/58164-crop-prices-poised-to-stagnate-fao-farmtario.md) | -4.0% | -3.6% |
| SOY | 2023-07-24 | [Livestock producers see relief on feed prices \| Farmtario](https://feedsoft.ai/events/35161-livestock-producers-see-relief-on-feed-prices-farmtario.md) | -0.9% | -9.2% |
| SOY | 2018-08-10 | [As soybean futures fall, farmer says tariffs have devastated industry](https://feedsoft.ai/events/63571-as-soybean-futures-fall-farmer-says-tariffs-have-devastated-industry.md) | -0.3% | -6.3% |
| SOY | 2023-11-09 | [USDA surprises trade with latest report \| The Western Producer](https://feedsoft.ai/events/33115-usda-surprises-trade-with-latest-report-the-western-producer.md) | +2.7% | -2.8% |
| CORN | 2017-04-01 | [Surprise, surprise! \| Farm Progress](https://feedsoft.ai/events/71450-surprise-surprise-farm-progress.md) | -0.9% | +1.5% |
| CORN | 2018-02-07 | [Oil prices tank as US crude and fuel stockpiles jump](https://feedsoft.ai/events/11357-oil-prices-tank-as-us-crude-and-fuel-stockpiles-jump.md) | +0.5% | +2.7% |
| CORN | 2021-07-12 | [Grain Stocks Surprise Traders in the July WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/46000-grain-stocks-surprise-traders-in-the-july-wasde-report-red-river-farm-network.md) | -6.7% | -7.2% |

## Sources

- washingtontimes.com: https://www.washingtontimes.com/news/2019/mar/31/farm-subsidies-prices-temper-trump-trade-tariffs/

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