# The 2023 Farm Bill: Impacts, What to Expect, and How to Prepare

> A FiscalNote blog explains that the 2018 Farm Bill expires September 30 and Congress is drafting replacement legislation. It summarizes the 2018 bill's scope, which authorized $428.3 billion, with about 75 percent going to mandatory nutrition programs.

- Date: 2023-04-12 · published 2023-04-12T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/36399-the-2023-farm-bill-impacts-what-to-expect-and-how-to-prepare
- 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

Uncertainty over the reauthorization timeline and funding levels affects expectations for commodity programs, but the blog offers general background with no direct price signal.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-07-04 | [What to Expect for the 2023 Farm Bill \| AgAmerica](https://feedsoft.ai/events/40476-what-to-expect-for-the-2023-farm-bill-agamerica.md) | +5.1% | -14.3% |
| CORN | 2026-05-14 | [What’s in the 2026 Farm Bill? \| Ag Proud](https://feedsoft.ai/events/19220-what-s-in-the-2026-farm-bill-ag-proud.md) | -0.4% | -7.9% |
| CORN | 2022-06-17 | [The Farm Bill – How the Past Impacts the Future \| Soy Ohio](https://feedsoft.ai/events/40921-the-farm-bill-how-the-past-impacts-the-future-soy-ohio.md) | -4.2% | -4.3% |
| CORN | 2024-02-12 | [What are reference prices and why are they in the farm bill?](https://feedsoft.ai/events/31656-what-are-reference-prices-and-why-are-they-in-the-farm-bill.md) | -1.8% | +3.5% |
| CORN | 2025-01-28 | [The 2025 Farm Bill What-If Tool - farmdoc daily](https://feedsoft.ai/events/26504-the-2025-farm-bill-what-if-tool-farmdoc-daily.md) | +0.7% | -0.3% |
| SOY | 2022-07-04 | [What to Expect for the 2023 Farm Bill \| AgAmerica](https://feedsoft.ai/events/40476-what-to-expect-for-the-2023-farm-bill-agamerica.md) | +0.9% | -2.0% |
| SOY | 2026-05-14 | [What’s in the 2026 Farm Bill? \| Ag Proud](https://feedsoft.ai/events/19220-what-s-in-the-2026-farm-bill-ag-proud.md) | -1.3% | -8.2% |
| SOY | 2022-06-17 | [The Farm Bill – How the Past Impacts the Future \| Soy Ohio](https://feedsoft.ai/events/40921-the-farm-bill-how-the-past-impacts-the-future-soy-ohio.md) | -5.8% | -12.4% |

## Sources

- fiscalnote.com: https://fiscalnote.com/blog/2023-farm-bill

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