# Thompson Secures Aid for America's Producers | House Agriculture Committee

> House Agriculture Committee Chairman GT Thompson said the continuing resolution released December 17 includes $10 billion in emergency economic aid for agriculture. He called for a five-year farm bill in the 119th Congress and praised incoming Chairman Boozman. The statement presents the aid as a bridge through the agricultural downturn.

- Date: 2024-12-17 · published 2024-12-17T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/26953-thompson-secures-aid-for-america-s-producers-house-agriculture-committee
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The $10 billion in aid supports producer finances through the downturn and may limit forced selling of grain and oilseeds. The statement itself carries little new information on prices beyond the aid package already reported.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-03-23 | [Blog \| House Agriculture Committee](https://feedsoft.ai/events/71990-blog-house-agriculture-committee.md) | +0.2% | -0.3% |
| CORN | 2023-04-26 | [Opening Statement: “Producer Perspectives on the 2023 Farm Bill” \| House Agriculture Committee](https://feedsoft.ai/events/36398-opening-statement-producer-perspectives-on-the-2023-farm-bill-house-agriculture.md) | -2.1% | -5.4% |
| CORN | 2018-06-29 | [The House Agriculture Committee's 2018 Farm Bill (H.R. 2): A Side-by-Side Comparison with Current Law](https://feedsoft.ai/events/64516-the-house-agriculture-committee-s-2018-farm-bill-h-r-2-a-side-by-side.md) | +2.3% | -0.9% |
| CORN | 2018-05-16 | [The House Agriculture Committee’s 2018 Farm Bill (H.R. 2): A Side-by-Side Comparison with Current Law - EveryCRSReport.com](https://feedsoft.ai/events/65010-the-house-agriculture-committee-s-2018-farm-bill-h-r-2-a-side-by-side.md) | +0.3% | -4.4% |
| CORN | 2019-06-16 | [Senate Agriculture Committee Trade Hearing- USMCA, China, and MFP Payments](https://feedsoft.ai/events/58573-senate-agriculture-committee-trade-hearing-usmca-china-and-mfp-payments.md) | -0.8% | -0.8% |
| SOY | 2017-03-23 | [Blog \| House Agriculture Committee](https://feedsoft.ai/events/71990-blog-house-agriculture-committee.md) | -3.1% | -5.3% |
| SOY | 2023-04-26 | [Opening Statement: “Producer Perspectives on the 2023 Farm Bill” \| House Agriculture Committee](https://feedsoft.ai/events/36398-opening-statement-producer-perspectives-on-the-2023-farm-bill-house-agriculture.md) | -0.4% | -8.5% |
| SOY | 2018-06-29 | [The House Agriculture Committee's 2018 Farm Bill (H.R. 2): A Side-by-Side Comparison with Current Law](https://feedsoft.ai/events/64516-the-house-agriculture-committee-s-2018-farm-bill-h-r-2-a-side-by-side.md) | +1.5% | +1.1% |

## Sources

- agriculture.house.gov: https://agriculture.house.gov/news/documentsingle.aspx?DocumentID=7826

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