# Gloomy Trade Outlook

> USDA Secretary Sonny Perdue is expected to announce the second and final round of trade aid for farmers hit by retaliatory tariffs on or around December 3. The aid amounts are not expected to change from initial levels, and the application period stays open until January 15. Separately, the U.S. filed a WTO complaint that India's cotton subsidies exceed its commitments.

- Date: 2018-11-13 · published 2018-11-13T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/62031-gloomy-trade-outlook
- 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

Final aid for the trade war is set to be paid and does not change export volumes, so it has little direct effect on feed prices. The India cotton dispute could affect cottonseed meal supply over time but has minimal near-term impact.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-01-13 | [Trade and trade policy outlook, 2022](https://feedsoft.ai/events/14966-trade-and-trade-policy-outlook-2022.md) | -1.3% | +5.3% |
| CORN | 2026-09-28 | [Grim farm aid outlook - POLITICO](https://feedsoft.ai/events/17468-grim-farm-aid-outlook-politico.md) | -1.0% | -6.8% |
| CORN | 2016-11-16 | [What's the Farm Bill Outlook With a Trump Administration?](https://feedsoft.ai/events/73843-what-s-the-farm-bill-outlook-with-a-trump-administration.md) | +2.5% | +3.3% |
| CORN | 2025-07-04 | [China Grain and Feed Outlook 2025 \| Paradigm Futures](https://feedsoft.ai/events/14649-china-grain-and-feed-outlook-2025-paradigm-futures.md) | -6.0% | -6.0% |
| CORN | 2018-01-24 | [Black Sea Grain-2018: European Commission expert to make an outlook on Ukraine-EU grain and food trade](https://feedsoft.ai/events/66838-black-sea-grain-2018-european-commission-expert-to-make-an-outlook-on-ukraine.md) | +1.0% | +1.6% |
| SOY | 2022-01-13 | [Trade and trade policy outlook, 2022](https://feedsoft.ai/events/14966-trade-and-trade-policy-outlook-2022.md) | +2.5% | +13.2% |
| SOY | 2026-09-28 | [Grim farm aid outlook - POLITICO](https://feedsoft.ai/events/17468-grim-farm-aid-outlook-politico.md) | -3.1% | -4.7% |
| SOY | 2025-11-04 | [ADM cuts 2025 outlook on US biofuel policy delays, trade woes](https://feedsoft.ai/events/15070-adm-cuts-2025-outlook-on-us-biofuel-policy-delays-trade-woes.md) | -0.3% | +0.4% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/columns/washington-insider/article/2018/11/13/gloomy-trade-outlook

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