# Stakes for farm bill expiration lower this time, but 2024 impacts loom | Agri-Pulse Communications, Inc.

> Congress is heading into its August recess with about two months before some programs in the 2018 farm bill expire, and no draft of new legislation is yet available. Crop insurance, commodity support based on crop-year prices, and conservation programs funded through 2031 face no immediate impact. Nutrition programs are reauthorized annually through appropriations.

- Date: 2023-07-26 · published 2023-07-26T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/35038-stakes-for-farm-bill-expiration-lower-this-time-but-2024-impacts-loom-agri
- 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

Because the near-term impact of a lapse is limited, the farm bill is unlikely to move feed grain or oilseed prices in the coming weeks. Uncertainty about 2024 support programs is a longer-term consideration for planting and marketing decisions.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-10-03 | [Farm bill expiration impact varies \| 2018-10-02 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/62518-farm-bill-expiration-impact-varies-2018-10-02-agri-pulse-agri-pulse.md) | -1.7% | -1.3% |
| CORN | 2023-03-09 | [House Ag makes case for new farm bill funding \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/36849-house-ag-makes-case-for-new-farm-bill-funding-agri-pulse-communications-inc.md) | -1.0% | -0.0% |
| CORN | 2016-11-30 | [Farm bill wheels starting to turn \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/73846-farm-bill-wheels-starting-to-turn-agri-pulse-communications-inc.md) | +4.0% | +2.6% |
| CORN | 2017-10-25 | [Opinion: The Zero-Sum 2018 Farm Bill \| 2017-10-25 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/68460-opinion-the-zero-sum-2018-farm-bill-2017-10-25-agri-pulse-agri-pulse.md) | -1.4% | -5.3% |
| CORN | 2021-08-04 | [Push for conservation funding raises farm bill questions \| 2021-08-03  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45551-push-for-conservation-funding-raises-farm-bill-questions-2021-08-03-agri-pulse.md) | -1.0% | -3.1% |
| SOY | 2018-10-03 | [Farm bill expiration impact varies \| 2018-10-02 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/62518-farm-bill-expiration-impact-varies-2018-10-02-agri-pulse-agri-pulse.md) | -0.3% | -3.8% |
| SOY | 2023-03-09 | [House Ag makes case for new farm bill funding \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/36849-house-ag-makes-case-for-new-farm-bill-funding-agri-pulse-communications-inc.md) | -2.5% | -1.0% |
| SOY | 2016-11-30 | [Farm bill wheels starting to turn \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/73846-farm-bill-wheels-starting-to-turn-agri-pulse-communications-inc.md) | +0.5% | -3.4% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/19747-stakes-for-farm-bill-expiration-lower-this-time-but-2024-impacts-loom

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