# Farm Bill 2024: Reviewing A February Data Blitz and Tough Realities - farmdoc daily

> A farmdoc daily analysis reviews USDA's February data releases, including the 2022 Census of Agriculture, which showed the lowest number of farmers since 1850 and continued farmland loss. It also covers updated CBO baseline projections and recent farm income statistics. The author says the 2024 farm bill debate has not yet started.

- Date: 2024-02-15 · published 2024-02-15T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/31654-farm-bill-2024-reviewing-a-february-data-blitz-and-tough-realities-farmdoc-daily
- 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

Farm income and structural declines shape the policy environment for the farm bill, but they do not directly move near-term feed commodity prices. The analysis mainly informs longer-run expectations for supply and program support.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-07-18 | [Farm Bill 2024: A Mid-Summer’s Review - farmdoc daily](https://feedsoft.ai/events/29255-farm-bill-2024-a-mid-summer-s-review-farmdoc-daily.md) | +2.4% | -0.9% |
| CORN | 2024-02-13 | [2024-02-13 Reviewing the February 2024 Baseline for USDA Farm and...](https://feedsoft.ai/events/31653-2024-02-13-reviewing-the-february-2024-baseline-for-usda-farm-and.md) | +0.2% | +3.8% |
| CORN | 2018-01-05 | [IFES 2017: Farm Policy Review and Outlook for the 2018 Farm Bill - farmdoc daily](https://feedsoft.ai/events/66971-ifes-2017-farm-policy-review-and-outlook-for-the-2018-farm-bill-farmdoc-daily.md) | -0.4% | +2.4% |
| CORN | 2018-04-26 | [Initial Review of the House 2018 Farm Bill - farmdoc daily](https://feedsoft.ai/events/65504-initial-review-of-the-house-2018-farm-bill-farmdoc-daily.md) | +1.5% | +4.7% |
| CORN | 2023-09-15 | [Farm Bill 2023: Trying to Reason with 1,000 CBO Scores - farmdoc daily](https://feedsoft.ai/events/34091-farm-bill-2023-trying-to-reason-with-1-000-cbo-scores-farmdoc-daily.md) | -7.1% | -4.6% |
| SOY | 2024-07-18 | [Farm Bill 2024: A Mid-Summer’s Review - farmdoc daily](https://feedsoft.ai/events/29255-farm-bill-2024-a-mid-summer-s-review-farmdoc-daily.md) | +1.3% | -10.7% |
| SOY | 2024-02-13 | [2024-02-13 Reviewing the February 2024 Baseline for USDA Farm and...](https://feedsoft.ai/events/31653-2024-02-13-reviewing-the-february-2024-baseline-for-usda-farm-and.md) | -1.2% | -0.9% |
| SOY | 2018-01-05 | [IFES 2017: Farm Policy Review and Outlook for the 2018 Farm Bill - farmdoc daily](https://feedsoft.ai/events/66971-ifes-2017-farm-policy-review-and-outlook-for-the-2018-farm-bill-farmdoc-daily.md) | -2.0% | +2.0% |

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2024/02/farm-bill-2024-reviewing-a-february-data-blitz-and-tough-realities.html

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