# Agriculture Dept. launches 2nd round of payments to farmers | AP News

> President Trump authorized the Agriculture Department to launch the second and final round of $11 billion in trade mitigation payments to farmers hit by tariffs. The payments are being distributed through USDA's Market Facilitation Program.

- Date: 2018-12-17 · published 2018-12-17T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/61570-agriculture-dept-launches-2nd-round-of-payments-to-farmers-ap-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The payments cushion producers against tariff losses but do not directly shift commodity supply or demand. Feed buyers should expect farmers to keep planting and marketing based on export access rather than these transfers.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-12-17 | [USDA Launches Second Round of Trade Mitigation Payments](https://feedsoft.ai/events/61569-usda-launches-second-round-of-trade-mitigation-payments.md) | -1.7% | -0.8% |
| SOY | 2025-01-09 | [Will $10B in economic payments offset farm income losses? \| Agriculture Dive](https://feedsoft.ai/events/26503-will-10b-in-economic-payments-offset-farm-income-losses-agriculture-dive.md) | +5.6% | +7.4% |
| SOY | 2019-08-05 | [Hoeven, FSA chief detail trade aid payouts as 'stopgap' for farmers - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/57603-hoeven-fsa-chief-detail-trade-aid-payouts-as-stopgap-for-farmers-agweek-1.md) | +2.8% | +0.8% |
| SOY | 2020-10-19 | [Trump's payments to farmers hit all-time high ahead of election](https://feedsoft.ai/events/50501-trump-s-payments-to-farmers-hit-all-time-high-ahead-of-election.md) | +3.2% | +8.7% |
| SOY | 2021-10-08 | [Congress Provides $10 Billion for 2020 and 2021 Ag Disaster Payments \| Center for Agricultural Law and Taxation](https://feedsoft.ai/events/44525-congress-provides-10-billion-for-2020-and-2021-ag-disaster-payments-center-for.md) | -3.3% | -3.0% |
| CORN | 2018-12-17 | [USDA Launches Second Round of Trade Mitigation Payments](https://feedsoft.ai/events/61569-usda-launches-second-round-of-trade-mitigation-payments.md) | +0.4% | +0.3% |
| CORN | 2025-01-09 | [Will $10B in economic payments offset farm income losses? \| Agriculture Dive](https://feedsoft.ai/events/26503-will-10b-in-economic-payments-offset-farm-income-losses-agriculture-dive.md) | +4.1% | +5.7% |
| CORN | 2019-08-05 | [Hoeven, FSA chief detail trade aid payouts as 'stopgap' for farmers - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/57603-hoeven-fsa-chief-detail-trade-aid-payouts-as-stopgap-for-farmers-agweek-1.md) | -2.4% | -8.2% |

## Sources

- apnews.com: https://apnews.com/united-states-government-218fb4f9417b44e1a31af53a6716b865

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