# Trump tariffs lead to bleak 2019 farm forecasts - POLITICO

> Politico reports that USDA's $12 billion trade aid provides only limited relief from retaliatory tariffs, and several farm sectors call it meager. The department plans a second round of aid around early December, described as a one-year temporary stopgap.

- Date: 2018-10-23 · published 2018-10-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/62519-trump-tariffs-lead-to-bleak-2019-farm-forecasts-politico
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Weak farm income outlook for 2019 suggests reduced acreage flexibility and tighter credit for producers, which can cap feed demand growth and pressure soybean and sorghum values.

## Read by commodity

- SOY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-01-23 | [Trump pick to lead USDA eyes payments to farmers to cover trade losses from tariffs](https://feedsoft.ai/events/26491-trump-pick-to-lead-usda-eyes-payments-to-farmers-to-cover-trade-losses-from.md) | +0.4% | -1.0% |
| SOY | 2020-07-14 | [‘Here’s your check’: Trump’s massive payouts to farmers will be hard to pull back - POLITICO](https://feedsoft.ai/events/52099-here-s-your-check-trump-s-massive-payouts-to-farmers-will-be-hard-to-pull-back.md) | +3.0% | +0.0% |
| SOY | 2018-07-25 | [USDA Assists Farmers Harmed by Tariffs \| Farm Policy News \| Illinois](https://feedsoft.ai/events/64019-usda-assists-farmers-harmed-by-tariffs-farm-policy-news-illinois.md) | +5.3% | +1.9% |
| SOY | 2018-08-27 | [Trump farm bailout to provide $6 billion in initial relief](https://feedsoft.ai/events/63524-trump-farm-bailout-to-provide-6-billion-in-initial-relief.md) | -1.1% | -0.1% |
| SOY | 2018-06-21 | [Live: President Trump in Missouri \| CNN Politics](https://feedsoft.ai/events/64518-live-president-trump-in-missouri-cnn-politics.md) | -2.5% | -4.9% |

## Sources

- politico.com: https://www.politico.com/story/2018/10/23/trump-tariffs-farmers-agriculture-866450

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