# U.S. says farmers could get cash aid by October but will not be made whole

> US Agriculture Secretary Sonny Perdue told Reuters that the $12 billion aid could begin reaching farmers as soon as late September, with $7-8 billion in direct cash. He warned the program will not make tariff-hit farmers whole.

- Date: 2018-07-29 · published 2018-07-29T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/64016-u-s-says-farmers-could-get-cash-aid-by-october-but-will-not-be-made-whole
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Confirmed timing and size of direct payments give farmers partial relief, but the shortfall versus tariff losses suggests continued export pressure on soybeans, sorghum, and corn.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2020-07-16 | [Here’s why some farmers get Uncle Sam’s help while others don't](https://feedsoft.ai/events/52101-here-s-why-some-farmers-get-uncle-sam-s-help-while-others-don-t.md) | +1.5% | +0.5% |
| SOY | 2018-10-29 | [U.S. agriculture chief says no plan to extend farm aid to offset tariffs](https://feedsoft.ai/events/62514-u-s-agriculture-chief-says-no-plan-to-extend-farm-aid-to-offset-tariffs.md) | +3.6% | +2.0% |
| SOY | 2024-09-10 | [Will Congress negotiate a new farm bill this fall? Farmers hope so - Marketplace](https://feedsoft.ai/events/28294-will-congress-negotiate-a-new-farm-bill-this-fall-farmers-hope-so-marketplace.md) | +0.5% | +3.4% |
| 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% |
| 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 | 2020-07-16 | [Here’s why some farmers get Uncle Sam’s help while others don't](https://feedsoft.ai/events/52101-here-s-why-some-farmers-get-uncle-sam-s-help-while-others-don-t.md) | +0.8% | -0.4% |
| CORN | 2024-09-10 | [Will Congress negotiate a new farm bill this fall? Farmers hope so - Marketplace](https://feedsoft.ai/events/28294-will-congress-negotiate-a-new-farm-bill-this-fall-farmers-hope-so-marketplace.md) | +4.0% | +5.3% |

## Sources

- reuters.com: https://www.reuters.com/article/us-g20-argentina-usa/u-s-says-farmers-could-get-cash-aid-by-october-but-will-not-be-made-whole-idUSKBN1KI0KA/

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