# Penny for your corn? Stingy trade-war aid irks U.S. farmers

> USDA outlined in August how it would spend the first $6.1 billion of a $12 billion trade-war aid package for farmers, including cash payments for grains, oilseeds, cotton, dairy and hogs. Payouts ranged from $1 to $38,298, with an average of $147, and USDA did not say how many corn farmers had applied.

- Date: 2018-11-28 · published 2018-11-28T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/62029-penny-for-your-corn-stingy-trade-war-aid-irks-u-s-farmers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Small average payments indicate limited financial relief for corn and other row-crop growers, which can keep farmers holding or selling grain at different rates than planned. Aid does not change export demand, so the price effect is minor.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-05-21 | [U.S. to favour soybeans in trade war aid for farmers - Bloomberg](https://feedsoft.ai/events/58949-u-s-to-favour-soybeans-in-trade-war-aid-for-farmers-bloomberg.md) | +2.4% | +10.9% |
| CORN | 2020-03-11 | [U.S. farmers still dependent on trade aid after China deal](https://feedsoft.ai/events/54116-u-s-farmers-still-dependent-on-trade-aid-after-china-deal.md) | -6.0% | -3.6% |
| CORN | 2019-11-08 | [Perdue: More trade aid for farmers on the way - POLITICO](https://feedsoft.ai/events/56047-perdue-more-trade-aid-for-farmers-on-the-way-politico.md) | +0.0% | -0.3% |
| CORN | 2026-01-01 | [Trump unveils $12 billion aid package for farmers hit by trade war](https://feedsoft.ai/events/21484-trump-unveils-12-billion-aid-package-for-farmers-hit-by-trade-war.md) | +0.6% | -0.9% |
| CORN | 2018-11-13 | [Stung by trade wars, U.S. farmers hope for quick progress on Farm Bill](https://feedsoft.ai/events/62030-stung-by-trade-wars-u-s-farmers-hope-for-quick-progress-on-farm-bill.md) | -1.3% | +6.4% |
| SOY | 2019-05-21 | [U.S. to favour soybeans in trade war aid for farmers - Bloomberg](https://feedsoft.ai/events/58949-u-s-to-favour-soybeans-in-trade-war-aid-for-farmers-bloomberg.md) | +2.9% | +9.8% |
| SOY | 2020-03-11 | [U.S. farmers still dependent on trade aid after China deal](https://feedsoft.ai/events/54116-u-s-farmers-still-dependent-on-trade-aid-after-china-deal.md) | -5.6% | -2.1% |
| SOY | 2019-11-08 | [Perdue: More trade aid for farmers on the way - POLITICO](https://feedsoft.ai/events/56047-perdue-more-trade-aid-for-farmers-on-the-way-politico.md) | -2.7% | -3.8% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-aid/penny-for-your-corn-stingy-trade-war-aid-irks-u-s-farmers-idUSKCN1NX1D7/

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