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Ohio State economist Ben Brown estimates that farm incomes in Ohio could fall 59 percent in a trade war, and notes that USDA's financial disaster programs are unfunded and would draw on general USDA funds. Agriculture Secretary Sonny Perdue says the department will have programs ready if needed.
The analysis highlights the scale of potential farm income losses from tariffs on US soybeans and corn exports, which could weigh on planting and export demand expectations. The impact on prices is indirect and depends on whether aid materializes.
ideastream.orgJun 28, 2018After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
