# Daybreak Aug. 2: Mandatory base update could hit some states hard | Agri-Pulse Communications, Inc.

> An Agri-Pulse report says a proposed mandatory base acreage update would cost 34 states a net $3 billion over 10 years, while other states gain $1.1 billion. The report also covers a dispute between Senate Republicans over how to advance the Cattle Price Discovery and Transparency Act.

- Date: 2023-08-02 · published 2023-08-02T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/34568-daybreak-aug-2-mandatory-base-update-could-hit-some-states-hard-agri-pulse
- 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

Base acreage changes would shift farm payments and could alter future planting incentives. The cattle price discovery proposal could affect how cash cattle prices are set, but neither item is an immediate supply shock.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-14 | [Daybreak July 14: US, Mexico delegations discuss biotech case \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/35022-daybreak-july-14-us-mexico-delegations-discuss-biotech-case-agri-pulse.md) | -6.9% | -11.1% |
| CORN | 2023-10-26 | [Daybreak Oct. 26: Stabenow: $4-5B available for new farm bill \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/33603-daybreak-oct-26-stabenow-4-5b-available-for-new-farm-bill-agri-pulse.md) | -3.5% | -3.6% |
| CORN | 2026-03-11 | [Daybreak March 11: More farm aid is on the way, Boozman says \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/20157-daybreak-march-11-more-farm-aid-is-on-the-way-boozman-says-agri-pulse.md) | +3.5% | +2.7% |
| CORN | 2025-04-25 | [Daybreak April 25: Rollins eyes harvest time for trade aid decision \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/25111-daybreak-april-25-rollins-eyes-harvest-time-for-trade-aid-decision-agri-pulse.md) | -2.1% | -1.5% |
| CORN | 2017-09-27 | [Updating base could help farm bill funding, but at political cost \| 2017-09-26 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/68953-updating-base-could-help-farm-bill-funding-but-at-political-cost-2017-09-26.md) | +3.2% | +2.9% |
| SOY | 2023-10-26 | [Daybreak Oct. 26: Stabenow: $4-5B available for new farm bill \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/33603-daybreak-oct-26-stabenow-4-5b-available-for-new-farm-bill-agri-pulse.md) | +0.2% | +5.3% |
| SOY | 2017-09-27 | [Updating base could help farm bill funding, but at political cost \| 2017-09-26 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/68953-updating-base-could-help-farm-bill-funding-but-at-political-cost-2017-09-26.md) | -0.9% | +1.2% |
| SOY | 2025-04-25 | [Daybreak April 25: Rollins eyes harvest time for trade aid decision \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/25111-daybreak-april-25-rollins-eyes-harvest-time-for-trade-aid-decision-agri-pulse.md) | -1.2% | +1.4% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/19781-daybreak-aug-2-mandatory-base-update-could-hit-some-states-hard

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