# A new, divided Congress will have to take on a new Farm Bill with far-reaching effects

> An article notes that the new Congress will have a narrow Democratic Senate majority and a slim Republican House majority, making the 2023 Farm Bill harder to predict. The 2018 bill cost $428 billion and covers crop protection, SNAP and conservation.

- Date: 2022-11-24 · published 2022-11-24T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/38663-a-new-divided-congress-will-have-to-take-on-a-new-farm-bill-with-far-reaching
- 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

Partisan uncertainty over the farm bill's crop insurance and commodity programs can shape producer risk planning, but it does not directly change near-term feed supply or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-12-31 | [With Farm Bill Shelved, Congress Pumps Economic Aid Into Farm Economy](https://feedsoft.ai/events/26954-with-farm-bill-shelved-congress-pumps-economic-aid-into-farm-economy.md) | +1.4% | +5.5% |
| CORN | 2024-09-10 | [Will Congress negotiate a new farm bill this fall? Farmers hope so - Marketplace](https://feedsoft.ai/events/28294-will-congress-negotiate-a-new-farm-bill-this-fall-farmers-hope-so-marketplace.md) | +4.0% | +5.3% |
| CORN | 2022-03-01 | [House Ag Committee Begins Farm Bill Work With Eye on Fertilizer Prices, China Trade War Effects](https://feedsoft.ai/events/42255-house-ag-committee-begins-farm-bill-work-with-eye-on-fertilizer-prices-china.md) | +4.7% | +12.1% |
| CORN | 2018-10-31 | [Stalled farm bill expected on front burner when Congress returns](https://feedsoft.ai/events/62516-stalled-farm-bill-expected-on-front-burner-when-congress-returns.md) | +3.5% | -4.6% |
| CORN | 2023-12-07 | [Congress extended Farm Bill for a year but must tackle partisan debates now - Medill on the Hill](https://feedsoft.ai/events/32682-congress-extended-farm-bill-for-a-year-but-must-tackle-partisan-debates-now.md) | -2.3% | +0.0% |
| SOY | 2024-12-31 | [With Farm Bill Shelved, Congress Pumps Economic Aid Into Farm Economy](https://feedsoft.ai/events/26954-with-farm-bill-shelved-congress-pumps-economic-aid-into-farm-economy.md) | +1.0% | +8.0% |
| SOY | 2024-09-10 | [Will Congress negotiate a new farm bill this fall? Farmers hope so - Marketplace](https://feedsoft.ai/events/28294-will-congress-negotiate-a-new-farm-bill-this-fall-farmers-hope-so-marketplace.md) | +0.5% | +3.4% |
| SOY | 2018-10-31 | [Stalled farm bill expected on front burner when Congress returns](https://feedsoft.ai/events/62516-stalled-farm-bill-expected-on-front-burner-when-congress-returns.md) | +4.6% | +6.8% |

## Sources

- ipm.org: https://www.ipm.org/show/eartheats/2022-11-24/a-new-divided-congress-will-have-to-take-on-a-new-farm-bill-with-far-reaching-effects

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