# Trade Policy Also Important in Next Farm Bill

> Southern Ag Today argues that the next farm bill should strengthen commodity programs and trade promotion, noting the steady decline in the US share of major commodity exports. It says the House bill and Senate framework would double MAP and FMD export promotion funding.

- Date: 2024-07-18 · published 2024-07-18T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/29256-trade-policy-also-important-in-next-farm-bill
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Declining US export share is a structural demand concern for grains and oilseeds, but the proposed promotion funding has no immediate price impact.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-05-14 | [Farmers say trade more important than new farm bill](https://feedsoft.ai/events/65012-farmers-say-trade-more-important-than-new-farm-bill.md) | +0.4% | -4.1% |
| SOY | 2021-01-21 | [Biden administration: New trade policy ahead](https://feedsoft.ai/events/49116-biden-administration-new-trade-policy-ahead.md) | +0.4% | +0.4% |
| SOY | 2019-03-17 | [U.S., China Trade Deal Cannot Be Taken for Granted \| Farm Policy News \| Illinois](https://feedsoft.ai/events/59970-u-s-china-trade-deal-cannot-be-taken-for-granted-farm-policy-news-illinois.md) | -0.6% | -1.5% |
| SOY | 2017-12-20 | [Ohio grain farmers talk trade and farm bill - Farm and Dairy](https://feedsoft.ai/events/67464-ohio-grain-farmers-talk-trade-and-farm-bill-farm-and-dairy.md) | -0.1% | +2.2% |
| SOY | 2019-04-01 | [U.S. Soybean Exports to China Increased in February; Trade Negotiations Return to Washington, D.C. \| Farm Policy News \| Illinois](https://feedsoft.ai/events/59451-u-s-soybean-exports-to-china-increased-in-february-trade-negotiations-return-to.md) | +1.7% | -4.2% |
| CORN | 2017-04-19 | [Agricultural Trade and Trump - Farm Policy News](https://feedsoft.ai/events/71367-agricultural-trade-and-trump-farm-policy-news.md) | +1.2% | +2.3% |
| CORN | 2021-01-21 | [Biden administration: New trade policy ahead](https://feedsoft.ai/events/49116-biden-administration-new-trade-policy-ahead.md) | +3.8% | +2.7% |
| CORN | 2019-03-17 | [U.S., China Trade Deal Cannot Be Taken for Granted \| Farm Policy News \| Illinois](https://feedsoft.ai/events/59970-u-s-china-trade-deal-cannot-be-taken-for-granted-farm-policy-news-illinois.md) | +2.6% | -3.5% |

## Sources

- southernagtoday.org: https://southernagtoday.org/2024/07/18/trade-policy-also-important-in-next-farm-bill/

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