# U.S. Farmers Receive $7.7 Billion in Trade Aid to Date: USDA - Business Insider

> Reuters reports that USDA has paid out $7.7 billion so far to farmers as aid offsetting losses from Chinese retaliatory tariffs. The administration has pledged up to $12 billion in total aid.

- Date: 2019-02-22 · published 2019-02-22T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/60600-u-s-farmers-receive-7-7-billion-in-trade-aid-to-date-usda-business-insider
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Aid payments offset tariff losses without restoring export volumes, so they have limited direct price effect while trade talks remain unresolved.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-12-12 | [Farmers receive $10.5 billion to offset trade war losses — APM Research Lab](https://feedsoft.ai/events/55565-farmers-receive-10-5-billion-to-offset-trade-war-losses-apm-research-lab.md) | +3.9% | +4.6% |
| SOY | 2019-02-28 | [U.S.D.A. leaders explain efforts to mitigate trade losses \| 2019-02-28  \| Baking Business](https://feedsoft.ai/events/60601-u-s-d-a-leaders-explain-efforts-to-mitigate-trade-losses-2019-02-28-baking.md) | -1.5% | -1.8% |
| SOY | 2018-05-23 | [U.S.-China trade row sows confusion in farmer planting plans](https://feedsoft.ai/events/64914-u-s-china-trade-row-sows-confusion-in-farmer-planting-plans.md) | -0.7% | -13.7% |
| SOY | 2017-12-20 | [Ohio grain farmers talk trade and farm bill - Farm and Dairy](https://feedsoft.ai/events/67464-ohio-grain-farmers-talk-trade-and-farm-bill-farm-and-dairy.md) | -0.1% | +2.2% |
| SOY | 2022-08-18 | [Farmers’ voices continue to reiterate ag trade issues](https://feedsoft.ai/events/40023-farmers-voices-continue-to-reiterate-ag-trade-issues.md) | +5.8% | -1.6% |

## Sources

- businessinsider.com: https://www.businessinsider.com/r-us-farmers-receive-77-billion-in-trade-aid-to-date-usda-2019-2

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