# Congress averts government shutdown as Senate passes funding bill - The Washington Post

> Congress passed a stopgap funding bill that moves the government funding deadline to March 14 and sends $110.4 billion to struggling farmers and natural disaster victims. President Biden signed the bill into law late on Saturday, December 21. The package is the main vehicle for the emergency farm aid.

- Date: 2024-12-20 · published 2024-12-20T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/26952-congress-averts-government-shutdown-as-senate-passes-funding-bill-the
- 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

Emergency farm payments of this size support producer cash flow and can keep grain and oilseed acreage and marketing steady in the near term. The government shutdown risk removal also reduces broad market uncertainty.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-01-22 | [The Market Facilitation Program (Trade Mitigation) and the Government Shutdown](https://feedsoft.ai/events/61079-the-market-facilitation-program-trade-mitigation-and-the-government-shutdown.md) | +0.7% | +0.5% |
| CORN | 2025-10-15 | [Government payments create funding cliff for farmers \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/22381-government-payments-create-funding-cliff-for-farmers-agri-pulse-communications.md) | +0.1% | +2.9% |
| CORN | 2019-07-25 | [Trump administration reveals details of $16 billion farm bailout in U.S. trade war - The Washington Post](https://feedsoft.ai/events/58071-trump-administration-reveals-details-of-16-billion-farm-bailout-in-u-s-trade.md) | -1.8% | -11.4% |
| CORN | 2019-01-07 | [Shutdown is costing farmers, says Farm Bureau official – The Hill](https://feedsoft.ai/events/61084-shutdown-is-costing-farmers-says-farm-bureau-official-the-hill.md) | -0.7% | +0.1% |
| CORN | 2018-11-20 | [EPA plans biofuel 'reset' as program misses Congress' targets](https://feedsoft.ai/events/61906-epa-plans-biofuel-reset-as-program-misses-congress-targets.md) | -1.1% | +7.6% |
| SOY | 2019-01-22 | [The Market Facilitation Program (Trade Mitigation) and the Government Shutdown](https://feedsoft.ai/events/61079-the-market-facilitation-program-trade-mitigation-and-the-government-shutdown.md) | +0.7% | -1.7% |
| SOY | 2025-10-15 | [Government payments create funding cliff for farmers \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/22381-government-payments-create-funding-cliff-for-farmers-agri-pulse-communications.md) | +2.4% | +10.6% |
| SOY | 2019-07-25 | [Trump administration reveals details of $16 billion farm bailout in U.S. trade war - The Washington Post](https://feedsoft.ai/events/58071-trump-administration-reveals-details-of-16-billion-farm-bailout-in-u-s-trade.md) | -3.0% | -3.4% |

## Sources

- washingtonpost.com: https://www.washingtonpost.com/business/2024/12/20/government-shutdown-bill-continuing-resolution/

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