# Federal Assistance for Farm Trade Impacts | Farm Policy News | Illinois

> President Trump asked USDA for options to help farmers hurt by trade tensions with China. Secretary Perdue faced questions from farm-state senators on trade and possible responses at a Senate hearing. The story also notes the already sluggish US farm economy.

- Date: 2018-04-12 · published 2018-04-12T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/65505-federal-assistance-for-farm-trade-impacts-farm-policy-news-illinois
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Trade uncertainty with China weighs on US soybean export expectations, which is bearish for soybeans and related meal. Any federal aid would support farm income but would not restore lost sales.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-10-17 | [New US-China Trade War Could Cost Farmers Billions \| Farm Policy News \| Illinois](https://feedsoft.ai/events/27846-new-us-china-trade-war-could-cost-farmers-billions-farm-policy-news-illinois.md) | +1.8% | +2.5% |
| SOY | 2024-02-06 | [Trump Considering 60% Tariff on China \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14778-trump-considering-60-tariff-on-china-farm-policy-news-illinois.md) | -0.3% | -4.6% |
| SOY | 2017-02-07 | [Trade Policy Uncertainty: Lingering Concern for Farmers - Farm Policy News](https://feedsoft.ai/events/72478-trade-policy-uncertainty-lingering-concern-for-farmers-farm-policy-news.md) | +1.8% | -2.1% |
| SOY | 2019-06-12 | [Mapping $8.5 Billion in Trade Assistance \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/58576-mapping-8-5-billion-in-trade-assistance-farm-bureau-intel-markets-american-farm.md) | +6.3% | +3.9% |
| SOY | 2018-07-22 | [Tariffs and Commodity Prices: Impacts and Reactions - Farm Policy News](https://feedsoft.ai/events/6567-tariffs-and-commodity-prices-impacts-and-reactions-farm-policy-news.md) | +2.4% | +3.7% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2018/04/federal-assistance-farm-trade-impacts/

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