# USDA, Trump Take Different Tactics On Ag Trade, Rural Economies

> USDA is reorganizing its trade and rural development programs and creating a trade undersecretary. President Trump's budget proposes a 25 percent cut to SNAP and limits on federal crop insurance payouts, and Trump says he is ready to renegotiate NAFTA.

- Date: 2017-05-23 · published 2017-05-23T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/70998-usda-trump-take-different-tactics-on-ag-trade-rural-economies
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A NAFTA renegotiation threatens exports of US corn, soybeans and other feed-relevant products to Mexico and Canada, adding downside risk to prices if talks disrupt trade flows.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-01-12 | [China raises tariffs on US animal feed – China Economic Review](https://feedsoft.ai/events/72866-china-raises-tariffs-on-us-animal-feed-china-economic-review.md) | +0.1% | +1.9% |
| CORN | 2025-01-31 | [US agricultural exports/imports threatened by Trump trade actions \| Reuters](https://feedsoft.ai/events/14689-us-agricultural-exports-imports-threatened-by-trump-trade-actions-reuters.md) | +0.5% | -3.5% |
| CORN | 2020-10-27 | [Trump's phase one trade deal with China and the US election \| PIIE](https://feedsoft.ai/events/50504-trump-s-phase-one-trade-deal-with-china-and-the-us-election-piie.md) | -3.7% | +6.9% |
| CORN | 2019-03-06 | [Mexican farmers urge 'mirror' tariffs on Trump's rural base](https://feedsoft.ai/events/60064-mexican-farmers-urge-mirror-tariffs-on-trump-s-rural-base.md) | -1.7% | -1.5% |
| CORN | 2025-01-03 | [Significant Potential Impact of Tariffs, Trade Retaliation on U.S. Ag Sector](https://feedsoft.ai/events/14691-significant-potential-impact-of-tariffs-trade-retaliation-on-u-s-ag-sector.md) | -0.3% | +4.7% |
| SOY | 2025-01-31 | [US agricultural exports/imports threatened by Trump trade actions \| Reuters](https://feedsoft.ai/events/14689-us-agricultural-exports-imports-threatened-by-trump-trade-actions-reuters.md) | +1.6% | -3.1% |
| SOY | 2020-10-27 | [Trump's phase one trade deal with China and the US election \| PIIE](https://feedsoft.ai/events/50504-trump-s-phase-one-trade-deal-with-china-and-the-us-election-piie.md) | -3.4% | +9.5% |
| SOY | 2018-12-05 | [Soybean Prices Depend on China - Purdue Agricultural Economics](https://feedsoft.ai/events/61595-soybean-prices-depend-on-china-purdue-agricultural-economics.md) | +0.9% | -0.2% |

## Sources

- wfyi.org: https://www.wfyi.org/public-affairs/2017-05-23/usda-trump-take-different-tactics-on-ag-trade-rural-economies

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