# On the search for extra farm bill funds - Brownfield Ag News

> Brownfield reports that the Congressional Budget Office estimates the 2023 farm bill at $1.5 trillion over ten years. An industry lobbyist says Congress will struggle to find extra funding and is working on a zero-baseline bill. Committee drafts are expected around Labor Day, and about $20 billion in Inflation Reduction Act conservation money may be used.

- Date: 2023-07-05 · published 2023-07-05T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/35045-on-the-search-for-extra-farm-bill-funds-brownfield-ag-news
- 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

Funding constraints may limit changes to commodity support and trade programs, leaving feed market fundamentals mostly unaffected. Reallocation of conservation money is a possible but minor factor for markets.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-04-18 | [More money needed for a new farm bill - Brownfield Ag News](https://feedsoft.ai/events/36403-more-money-needed-for-a-new-farm-bill-brownfield-ag-news.md) | -0.4% | -7.3% |
| CORN | 2023-08-30 | [Farmers eager to see what's in next farm bill - Brownfield Ag News](https://feedsoft.ai/events/34565-farmers-eager-to-see-what-s-in-next-farm-bill-brownfield-ag-news.md) | -0.0% | -8.2% |
| CORN | 2021-03-18 | [It’s not too early to think about the 2023 Farm Bill - Brownfield Ag News](https://feedsoft.ai/events/48090-it-s-not-too-early-to-think-about-the-2023-farm-bill-brownfield-ag-news.md) | +10.8% | +13.2% |
| CORN | 2017-05-25 | [Ag economists weigh in on farm bill, Trump budget - Brownfield Ag News](https://feedsoft.ai/events/71004-ag-economists-weigh-in-on-farm-bill-trump-budget-brownfield-ag-news.md) | -0.2% | -1.2% |
| CORN | 2022-02-02 | [Crop insurance programs and the 2023 Farm Bill - Brownfield Ag News](https://feedsoft.ai/events/42698-crop-insurance-programs-and-the-2023-farm-bill-brownfield-ag-news.md) | +0.6% | +14.2% |
| SOY | 2023-04-18 | [More money needed for a new farm bill - Brownfield Ag News](https://feedsoft.ai/events/36403-more-money-needed-for-a-new-farm-bill-brownfield-ag-news.md) | -3.4% | -7.7% |
| SOY | 2021-10-05 | [ASA working on improved safety net for next farm bill - Brownfield Ag News](https://feedsoft.ai/events/44523-asa-working-on-improved-safety-net-for-next-farm-bill-brownfield-ag-news.md) | -0.6% | +0.1% |
| SOY | 2023-08-30 | [Farmers eager to see what's in next farm bill - Brownfield Ag News](https://feedsoft.ai/events/34565-farmers-eager-to-see-what-s-in-next-farm-bill-brownfield-ag-news.md) | -1.6% | -5.7% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/on-the-search-for-extra-farm-bill-funds/

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