# Policy Updates | Congressional work continues on reconcilation measure - Pro Farmer

> Pro Farmer reports the House Ways and Means Committee worked through a $3.8 trillion tax package aimed at making the 2017 tax cuts permanent. Negotiations over the state and local tax deduction cap were ongoing, with leaders aiming for House passage by Memorial Day.

- Date: 2025-05-14 · published 2025-05-14T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/24660-policy-updates-congressional-work-continues-on-reconcilation-measure-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tax and farm provisions in the package affect farm income and investment, but the tax debate has little direct effect on feed commodity prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-06-29 | [Senate Farm Bill Negotiations Continue as Policy Gaps and $11 Billion Aid Proposal Add Pressure - RFD](https://feedsoft.ai/events/18784-senate-farm-bill-negotiations-continue-as-policy-gaps-and-11-billion-aid.md) | +1.0% | +2.7% |
| CORN | 2026-10-06 | [Policy Updates: Farm Bill extension expires, adding uncertainty for farmers - Pro Farmer](https://feedsoft.ai/events/17102-policy-updates-farm-bill-extension-expires-adding-uncertainty-for-farmers-pro.md) | -1.8% | -5.6% |
| CORN | 2025-07-03 | [Farm Bill in Reconciliation: ARC/PLC Payment Projections; Policy Design Lab Update - farmdoc daily](https://feedsoft.ai/events/23744-farm-bill-in-reconciliation-arc-plc-payment-projections-policy-design-lab.md) | -5.1% | -5.0% |
| CORN | 2026-04-01 | [Policy Updates: EPA sets record high biofuel volumes in Renewable Fuel Standard final rule - Pro Farmer](https://feedsoft.ai/events/15031-policy-updates-epa-sets-record-high-biofuel-volumes-in-renewable-fuel-standard.md) | -1.7% | +1.5% |
| CORN | 2019-08-22 | [Farmers, lawmakers dial up pressure over biofuel policy](https://feedsoft.ai/events/57452-farmers-lawmakers-dial-up-pressure-over-biofuel-policy.md) | +2.4% | +1.3% |
| SOY | 2026-06-29 | [Senate Farm Bill Negotiations Continue as Policy Gaps and $11 Billion Aid Proposal Add Pressure - RFD](https://feedsoft.ai/events/18784-senate-farm-bill-negotiations-continue-as-policy-gaps-and-11-billion-aid.md) | +5.0% | +7.3% |
| SOY | 2026-10-06 | [Policy Updates: Farm Bill extension expires, adding uncertainty for farmers - Pro Farmer](https://feedsoft.ai/events/17102-policy-updates-farm-bill-extension-expires-adding-uncertainty-for-farmers-pro.md) | +0.5% | -4.6% |
| SOY | 2025-07-03 | [Farm Bill in Reconciliation: ARC/PLC Payment Projections; Policy Design Lab Update - farmdoc daily](https://feedsoft.ai/events/23744-farm-bill-in-reconciliation-arc-plc-payment-projections-policy-design-lab.md) | -3.6% | -8.4% |

## Sources

- profarmer.com: https://www.profarmer.com/news/policy-update/policy-updates-congressional-work-continues-reconcilation-measure

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