# 2023 farm bill discussions relate to money - AgriLife Today

> Texas A&M economist Joe Outlaw said the 2023 farm bill will largely be determined by available funding, with SNAP accounting for over 80% of spending. He noted that agricultural programs are a small share of total government outlays. Several proposals are under discussion in Washington.

- Date: 2022-12-08 · published 2022-12-08T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/38207-2023-farm-bill-discussions-relate-to-money-agrilife-today
- 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 allocations for agricultural programs will shape the level of support available to producers, which affects long-run acreage and production decisions. The immediate price impact for feed markets is minimal.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-27 | [Ongoing disaster to figure into farm bill discussions \| 2022-04-26 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/41825-ongoing-disaster-to-figure-into-farm-bill-discussions-2022-04-26-agri-pulse.md) | -6.4% | -1.7% |
| CORN | 2024-09-23 | [Farm Bill Discussions Continue, Though Same Issues Remain](https://feedsoft.ai/events/28292-farm-bill-discussions-continue-though-same-issues-remain.md) | +1.3% | -0.8% |
| CORN | 2022-09-09 | [2023 Farm Bill debate underway](https://feedsoft.ai/events/39579-2023-farm-bill-debate-underway.md) | +1.1% | -0.1% |
| CORN | 2017-09-04 | [Delegates discuss 2018 Farm Bill priorities](https://feedsoft.ai/events/68955-delegates-discuss-2018-farm-bill-priorities.md) | +0.6% | +1.9% |
| CORN | 2019-02-05 | [2019-02-05 Chairman Roberts Discusses 2018 Farm Bill \| Senate...](https://feedsoft.ai/events/60602-2019-02-05-chairman-roberts-discusses-2018-farm-bill-senate.md) | +0.0% | -1.1% |
| SOY | 2022-04-27 | [Ongoing disaster to figure into farm bill discussions \| 2022-04-26 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/41825-ongoing-disaster-to-figure-into-farm-bill-discussions-2022-04-26-agri-pulse.md) | -2.7% | -0.7% |
| SOY | 2024-09-23 | [Farm Bill Discussions Continue, Though Same Issues Remain](https://feedsoft.ai/events/28292-farm-bill-discussions-continue-though-same-issues-remain.md) | +5.3% | -4.2% |
| SOY | 2022-09-09 | [2023 Farm Bill debate underway](https://feedsoft.ai/events/39579-2023-farm-bill-debate-underway.md) | -1.3% | -7.7% |

## Sources

- agrilifetoday.tamu.edu: https://agrilifetoday.tamu.edu/2022/12/08/2023-farm-bill-discussions-relate-to-money/

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