# Farm bill a priority for U.S. House Ag Committee - Texas Farm Bureau

> House Agriculture Committee Chairman GT Thompson and Ranking Member David Scott emphasized the need for a new farm bill during a hearing with Agriculture Secretary Tom Vilsack. Thompson said the bill should expand market access and trade promotion while keeping nutrition spending in check. He also criticized rising fertilizer import reliance and high input costs.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/31658-farm-bill-a-priority-for-u-s-house-ag-committee-texas-farm-bureau
- 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

Calls for trade promotion and reduced fertilizer import dependence signal future policy direction that could affect input costs. Nothing in the hearing changes current feed grain or protein supply and demand.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-02-07 | [Agriculture Committee Democrats Release Principles for the Next Farm Bill \| House Agriculture Committee](https://feedsoft.ai/events/31652-agriculture-committee-democrats-release-principles-for-the-next-farm-bill-house.md) | -1.1% | +0.3% |
| CORN | 2026-08-03 | [Senate Ag Committee Releases Revised Text for Farm Bill 2.0](https://feedsoft.ai/events/17897-senate-ag-committee-releases-revised-text-for-farm-bill-2-0.md) | -0.6% | +10.8% |
| CORN | 2018-01-24 | [USDA Priorities for Farm Bill - Taxpayers for Common Sense](https://feedsoft.ai/events/66976-usda-priorities-for-farm-bill-taxpayers-for-common-sense.md) | +1.0% | +1.6% |
| CORN | 2022-11-04 | [Texas Agriculture • November 4, 2022 • Farm Bureau establishes priorities for the 2023 Farm Bill](https://feedsoft.ai/events/38661-texas-agriculture-november-4-2022-farm-bureau-establishes-priorities-for-the.md) | -0.9% | -4.5% |
| CORN | 2026-09-01 | [Senate Ag Committee fails to advance farm bill](https://feedsoft.ai/events/17892-senate-ag-committee-fails-to-advance-farm-bill.md) | +0.2% | +4.5% |
| SOY | 2024-02-07 | [Agriculture Committee Democrats Release Principles for the Next Farm Bill \| House Agriculture Committee](https://feedsoft.ai/events/31652-agriculture-committee-democrats-release-principles-for-the-next-farm-bill-house.md) | -1.1% | -4.9% |
| SOY | 2018-01-24 | [USDA Priorities for Farm Bill - Taxpayers for Common Sense](https://feedsoft.ai/events/66976-usda-priorities-for-farm-bill-taxpayers-for-common-sense.md) | +1.4% | +4.9% |
| SOY | 2022-11-04 | [Texas Agriculture • November 4, 2022 • Farm Bureau establishes priorities for the 2023 Farm Bill](https://feedsoft.ai/events/38661-texas-agriculture-november-4-2022-farm-bureau-establishes-priorities-for-the.md) | +0.3% | +0.8% |

## Sources

- texasfarmbureau.org: https://texasfarmbureau.org/farm-bill-a-priority-for-u-s-house-ag-committee/

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