# Farm bill: Increased payment limits critical

> An opinion piece argues that the next farm bill should raise commodity reference prices and increase payment limits to account for inflation. It uses an Iowa corn-soybean farm model projecting 2025 corn at $4.30 and soybeans at $10.46 per bushel, with losses even after assistance. The authors also say payment limits should be eliminated.

- Date: 2024-04-01 · published 2024-04-01T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/30728-farm-bill-increased-payment-limits-critical
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Support levels could sustain US planted acreage for corn and soybeans, but the proposal is advocacy about future policy and does not move current prices.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2025-01-09 | [Will $10B in economic payments offset farm income losses? \| Agriculture Dive](https://feedsoft.ai/events/26503-will-10b-in-economic-payments-offset-farm-income-losses-agriculture-dive.md) | +4.1% | +5.7% |
| CORN | 2023-11-09 | [Farmers want more money for crop support programs included in Farm Bill : NPR](https://feedsoft.ai/events/33149-farmers-want-more-money-for-crop-support-programs-included-in-farm-bill-npr.md) | -1.5% | -1.0% |
| CORN | 2024-10-25 | [ARC and PLC Payments Go Out, Reflecting Weakness of Farm Bill Safety Net](https://feedsoft.ai/events/27843-arc-and-plc-payments-go-out-reflecting-weakness-of-farm-bill-safety-net.md) | -1.7% | +0.1% |
| CORN | 2018-12-31 | [Farm bill passage brings needed relief](https://feedsoft.ai/events/61576-farm-bill-passage-brings-needed-relief.md) | +1.7% | +2.2% |
| 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 | 2025-01-09 | [Will $10B in economic payments offset farm income losses? \| Agriculture Dive](https://feedsoft.ai/events/26503-will-10b-in-economic-payments-offset-farm-income-losses-agriculture-dive.md) | +5.6% | +7.4% |
| SOY | 2023-11-09 | [Farmers want more money for crop support programs included in Farm Bill : NPR](https://feedsoft.ai/events/33149-farmers-want-more-money-for-crop-support-programs-included-in-farm-bill-npr.md) | +2.7% | -2.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/crops/farm-bill-increased-payment-limits-critical

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