# Congress Needs to Get Creative to Boost Reference Prices, Crop Insurance and Disaster Aid

> Agriculture Secretary Tom Vilsack urged Congress to find creative funding for the farm bill at the AFBF meeting in Salt Lake City. He also announced $157 million for on-farm renewable energy and $50 million to boost domestic fertilizer production. Net farm income fell about 18% in 2023.

- Date: 2024-01-22 · published 2024-01-22T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/32101-congress-needs-to-get-creative-to-boost-reference-prices-crop-insurance-and
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

The fertilizer grant is a small supply-side measure and the farm bill debate is unresolved, so feed-ingredient prices are unlikely to move from this news.

## Read by commodity

- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-07-22 | [Rollins Pushes for $11 Billion in Farm Aid as Congress Weighs Trade and Input Costs - RFD](https://feedsoft.ai/events/18322-rollins-pushes-for-11-billion-in-farm-aid-as-congress-weighs-trade-and-input.md) | +1.9% | -0.4% |
| UREA | 2022-09-06 | [As summer ends, corn growers focus on fall policy priorities \| In the News \| Congresswoman Michelle Fischbach](https://feedsoft.ai/events/39587-as-summer-ends-corn-growers-focus-on-fall-policy-priorities-in-the-news.md) | -4.7% | -10.1% |
| UREA | 2025-10-06 | [TFI Chicago Conference: Insights into Fertilizer Markets](https://feedsoft.ai/events/22724-tfi-chicago-conference-insights-into-fertilizer-markets.md) | -0.8% | -0.3% |
| UREA | 2023-12-01 | [Urea Monthly Review: Supply Guarantee Policies Affect Market, Urea Prices Under Upward Pressure](https://feedsoft.ai/events/10280-urea-monthly-review-supply-guarantee-policies-affect-market-urea-prices-under.md) | -2.0% | -5.1% |
| UREA | 2026-05-06 | [Hoeven Lays Out Priorities on Fertilizer, Farm Aid, Farm Bill and Trade \| American Ag Network](https://feedsoft.ai/events/19217-hoeven-lays-out-priorities-on-fertilizer-farm-aid-farm-bill-and-trade-american.md) | -4.5% | -27.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/01/22/congress-needs-get-creative-boost

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