# USDA announces $12 billion in programs for farmers affected by trade war - Agweek | #1 source for agriculture news, farming, markets

> USDA announced on Tuesday, July 24, 2018 three programs worth up to $12 billion to aid farmers hit by retaliatory tariffs. Senator Heidi Heitkamp also said she is sponsoring a bill to make Trade Adjustment Assistance available to affected farmers.

- Date: 2018-07-24 · published 2018-07-24T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/64020-usda-announces-12-billion-in-programs-for-farmers-affected-by-trade-war-agweek
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The aid is intended to cushion tariff damage on US farm exports, but it does not fully replace lost sales, so pressure on US grain and oilseed prices persists.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-02-13 | [Unsettling China, Mexico trade ideas - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/72356-unsettling-china-mexico-trade-ideas-agweek-1-source-for-agriculture-news.md) | -2.5% | -5.9% |
| SOY | 2019-05-23 | [USDA Announces Support for Farmers Impacted by Unjustified Retaliation and Trade Disruption](https://feedsoft.ai/events/5441-usda-announces-support-for-farmers-impacted-by-unjustified-retaliation-and.md) | +7.3% | +10.5% |
| SOY | 2018-08-27 | [USDA Announces Details of Assistance for Farmers Impacted by Unjustified Retaliation \| USDA](https://feedsoft.ai/events/63521-usda-announces-details-of-assistance-for-farmers-impacted-by-unjustified.md) | -1.1% | -0.1% |
| SOY | 2022-07-26 | [Tariffs & Trade War Impact on U.S. Agriculture \| Tax Foundation](https://feedsoft.ai/events/14920-tariffs-and-trade-war-impact-on-u-s-agriculture-tax-foundation.md) | +8.2% | +3.7% |
| SOY | 2025-06-04 | [One Big Beautiful Bill Act: Agricultural Provisions \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/24187-one-big-beautiful-bill-act-agricultural-provisions-farm-bureau-intel-markets.md) | +1.6% | +0.9% |
| CORN | 2017-02-13 | [Unsettling China, Mexico trade ideas - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/72356-unsettling-china-mexico-trade-ideas-agweek-1-source-for-agriculture-news.md) | -1.1% | -2.6% |
| CORN | 2019-05-23 | [USDA Announces Support for Farmers Impacted by Unjustified Retaliation and Trade Disruption](https://feedsoft.ai/events/5441-usda-announces-support-for-farmers-impacted-by-unjustified-retaliation-and.md) | +3.7% | +7.9% |
| CORN | 2018-08-27 | [USDA Announces Details of Assistance for Farmers Impacted by Unjustified Retaliation \| USDA](https://feedsoft.ai/events/63521-usda-announces-details-of-assistance-for-farmers-impacted-by-unjustified.md) | +0.5% | +0.9% |

## Sources

- agweek.com: https://www.agweek.com/business/usda-announces-12-billion-in-programs-for-farmers-affected-by-trade-war

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