# Ag Secretary Vilsack Has A Clear Message For Farm-State Lawmakers On Passing A New Farm Bill: 'Get Realistic' - AgWeb

> USDA Secretary Tom Vilsack told AgriTalk that farm bill negotiations are not close because Republican proposals need more than $50 billion in added funding per CBO estimates. He said the plans rely on cuts to nutrition assistance, which Democrats treat as a red line.

- Date: 2024-06-21 · published 2024-06-21T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/29763-ag-secretary-vilsack-has-a-clear-message-for-farm-state-lawmakers-on-passing-a
- 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

Unfunded reference price and crop insurance increases would need new money or SNAP cuts, and the stalemate delays the support program changes that affect crop planting decisions. Price impact is limited for now.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-09-04 | [Lawmakers hold farm bill hearings and listening sessions - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/68957-lawmakers-hold-farm-bill-hearings-and-listening-sessions-agweek-1-source-for.md) | +0.6% | +1.9% |
| CORN | 2024-08-15 | [Time is running out for passage of a new farm bill - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/28774-time-is-running-out-for-passage-of-a-new-farm-bill-agweek-1-source-for.md) | -1.3% | -0.0% |
| CORN | 2021-12-23 | [Setting the Farm Bill Stage - AgWeb](https://feedsoft.ai/events/43582-setting-the-farm-bill-stage-agweb.md) | -0.7% | +3.1% |
| CORN | 2023-02-15 | [McCarthy, lawmakers hear appeals for farm bill market aid, risk management \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/37291-mccarthy-lawmakers-hear-appeals-for-farm-bill-market-aid-risk-management-agri.md) | -0.3% | -5.3% |
| CORN | 2020-01-16 | [Secretary Perdue Statement on Senate Passage of USMCA](https://feedsoft.ai/events/55050-secretary-perdue-statement-on-senate-passage-of-usmca.md) | +0.7% | -1.7% |
| SOY | 2017-09-04 | [Lawmakers hold farm bill hearings and listening sessions - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/68957-lawmakers-hold-farm-bill-hearings-and-listening-sessions-agweek-1-source-for.md) | +1.4% | +1.6% |
| SOY | 2024-08-15 | [Time is running out for passage of a new farm bill - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/28774-time-is-running-out-for-passage-of-a-new-farm-bill-agweek-1-source-for.md) | -1.7% | +1.2% |
| SOY | 2021-12-23 | [Setting the Farm Bill Stage - AgWeb](https://feedsoft.ai/events/43582-setting-the-farm-bill-stage-agweb.md) | -0.1% | +6.4% |

## Sources

- agweb.com: https://www.agweb.com/news/policy/politics/ag-secretary-vilsack-has-clear-message-farm-state-lawmakers-passing-new-farm-bill-get-realistic

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