# Live: President Trump in Missouri | CNN Politics

> The Trump administration announced up to $12 billion in emergency aid for farmers hurt by retaliatory tariffs, using existing funding to offset an estimated $11 billion impact on US agricultural exports. Agriculture Secretary Sonny Perdue described it as a short-term measure while long-term trade deals are negotiated.

- Date: 2018-06-21 · published 2018-06-21T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/64518-live-president-trump-in-missouri-cnn-politics
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

The aid cushions farm income but does not replace lost export sales to China and other retaliating markets, so US soybean and corn demand expectations remain pressured. The package is a meaningful signal that the trade dispute is expected to last.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-10-23 | [Trump tariffs lead to bleak 2019 farm forecasts - POLITICO](https://feedsoft.ai/events/62519-trump-tariffs-lead-to-bleak-2019-farm-forecasts-politico.md) | -2.3% | +1.8% |
| 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 | 2018-04-19 | [Soy Growers Ask President Trump to Support Renewable Fuel Standard - American Soybean Association](https://feedsoft.ai/events/65395-soy-growers-ask-president-trump-to-support-renewable-fuel-standard-american.md) | -1.4% | -4.0% |
| SOY | 2024-11-04 | [How a Harris or Trump US presidential win could shape the renewable fuel sector - Fastmarkets](https://feedsoft.ai/events/15165-how-a-harris-or-trump-us-presidential-win-could-shape-the-renewable-fuel-sector.md) | +3.5% | +0.3% |
| CORN | 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) | -1.1% | -3.2% |
| CORN | 2017-01-31 | [Politics is foiling Monsanto’s quest to grow GMO corn in Mexico](https://feedsoft.ai/events/72978-politics-is-foiling-monsanto-s-quest-to-grow-gmo-corn-in-mexico.md) | -0.5% | +0.1% |
| CORN | 2023-06-19 | [Mexican president moves to prioritize domestic corn for tortillas](https://feedsoft.ai/events/35483-mexican-president-moves-to-prioritize-domestic-corn-for-tortillas.md) | -2.2% | -17.4% |

## Sources

- cnn.com: https://www.cnn.com/politics/live-news/trump-today-07-24-18

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