# Chairmen Thompson & Smith Op-Ed: Washington must not let politics stand in the way of American agriculture | House Agriculture Committee

> House Agriculture Committee Chairmen GT Thompson and Glenn Smith published an op-ed on May 30, 2024 arguing that Congress must support American farmers facing trade barriers and rising costs. They cite a 2023 agricultural trade deficit of $21 billion projected to grow to $30.5 billion this year, and say the 2024 Farm Bill will expand access to new export markets.

- Date: 2024-05-30 · published 2024-05-30T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/30233-chairmen-thompson-and-smith-op-ed-washington-must-not-let-politics-stand-in-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

Advocacy for the farm bill's trade promotion provisions signals policy intent but does not change near-term supply or demand; the price effect is minimal.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-06-20 | [Thompson, Conaway: Farm Policy Critical to Surviving Tough Times in Farm Country \| House Agriculture Committee](https://feedsoft.ai/events/58574-thompson-conaway-farm-policy-critical-to-surviving-tough-times-in-farm-country.md) | +1.9% | -2.0% |
| CORN | 2024-12-17 | [Thompson Secures Aid for America's Producers \| House Agriculture Committee](https://feedsoft.ai/events/26953-thompson-secures-aid-for-america-s-producers-house-agriculture-committee.md) | +0.1% | +5.5% |
| CORN | 2026-02-10 | [Chairman Glenn "GT" Thompson: A new farm bill that puts farmers first \| House Agriculture Committee](https://feedsoft.ai/events/20560-chairman-glenn-gt-thompson-a-new-farm-bill-that-puts-farmers-first-house.md) | +0.7% | +1.9% |
| CORN | 2018-02-06 | [Opening Statement: Chairman K. Michael Conaway: House Agriculture Full Committee Hearing: State of the Rural Economy \| House Agriculture Committee](https://feedsoft.ai/events/66481-opening-statement-chairman-k-michael-conaway-house-agriculture-full-committee.md) | +1.3% | +3.3% |
| CORN | 2023-02-02 | [Thompson Announces Subcommittee Chairs and Jurisdiction for the 118th Congress \| House Agriculture Committee](https://feedsoft.ai/events/37292-thompson-announces-subcommittee-chairs-and-jurisdiction-for-the-118th-congress.md) | +1.5% | -4.0% |
| SOY | 2019-06-20 | [Thompson, Conaway: Farm Policy Critical to Surviving Tough Times in Farm Country \| House Agriculture Committee](https://feedsoft.ai/events/58574-thompson-conaway-farm-policy-critical-to-surviving-tough-times-in-farm-country.md) | -1.0% | -2.4% |
| SOY | 2024-12-17 | [Thompson Secures Aid for America's Producers \| House Agriculture Committee](https://feedsoft.ai/events/26953-thompson-secures-aid-for-america-s-producers-house-agriculture-committee.md) | -1.3% | +6.2% |
| SOY | 2026-02-10 | [Chairman Glenn "GT" Thompson: A new farm bill that puts farmers first \| House Agriculture Committee](https://feedsoft.ai/events/20560-chairman-glenn-gt-thompson-a-new-farm-bill-that-puts-farmers-first-house.md) | +2.1% | +6.9% |

## Sources

- agriculture.house.gov: https://agriculture.house.gov/news/documentsingle.aspx?DocumentID=7782

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