# Farm Bureau, NFU agree on farm bill; commodity groups provide details | Senator Cindy Hyde-Smith

> At a Senate Agriculture subcommittee hearing, the American Farm Bureau Federation and National Farmers Union agreed that the next farm bill should maintain crop insurance and raise Title I PLC and ARC funding. Ten commodity groups differed on details of how basic subsidy programs should be reauthorized.

- Date: 2023-05-03 · published 2023-05-03T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/35929-farm-bureau-nfu-agree-on-farm-bill-commodity-groups-provide-details-senator
- 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

Farm bill negotiations shape future safety-net payments and crop insurance that affect planting decisions, but the outcome is years away and has no immediate price effect on feed markets.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-03-13 | [Commodity Groups Detail Farm Bill Priorities](https://feedsoft.ai/events/36852-commodity-groups-detail-farm-bill-priorities.md) | +0.8% | +0.8% |
| CORN | 2024-02-26 | [Farm bill a priority for U.S. House Ag Committee - Texas Farm Bureau](https://feedsoft.ai/events/31658-farm-bill-a-priority-for-u-s-house-ag-committee-texas-farm-bureau.md) | +0.5% | +7.8% |
| 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% |
| CORN | 2023-04-27 | [Commodity groups to House Ag: Expand ag safety net in 2023 farm bill \| National \| farmweeknow.com](https://feedsoft.ai/events/36401-commodity-groups-to-house-ag-expand-ag-safety-net-in-2023-farm-bill-national.md) | -0.9% | -4.0% |
| CORN | 2018-11-29 | [House and Senate Ag Leaders: We've Reached Agreement in Principle on 2018 Farm Bill \| House Agriculture Committee](https://feedsoft.ai/events/62027-house-and-senate-ag-leaders-we-ve-reached-agreement-in-principle-on-2018-farm.md) | +7.6% | +8.3% |
| SOY | 2023-03-13 | [Commodity Groups Detail Farm Bill Priorities](https://feedsoft.ai/events/36852-commodity-groups-detail-farm-bill-priorities.md) | -2.4% | -1.7% |
| SOY | 2024-02-26 | [Farm bill a priority for U.S. House Ag Committee - Texas Farm Bureau](https://feedsoft.ai/events/31658-farm-bill-a-priority-for-u-s-house-ag-committee-texas-farm-bureau.md) | +0.9% | +5.3% |
| SOY | 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) | +2.1% | +1.8% |

## Sources

- hydesmith.senate.gov: https://www.hydesmith.senate.gov/farm-bureau-nfu-agree-farm-bill-commodity-groups-provide-details

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