# Reviewing the Inflation Reduction Act of 2022; Part 2 - farmdoc daily

> University of Illinois and Ohio State economists review the Inflation Reduction Act of 2022, which includes about $43.7 billion for agricultural conservation, rural development and forestry programs. The House was expected to accept the Senate version and send it to President Biden.

- Date: 2022-08-12 · published 2022-08-12T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/40027-reviewing-the-inflation-reduction-act-of-2022-part-2-farmdoc-daily
- 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

Conservation and rural funding shifts land-use incentives and rural credit over time, but the bill has little near-term effect on feed commodity supply or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-04-26 | [Initial Review of the House 2018 Farm Bill - farmdoc daily](https://feedsoft.ai/events/65504-initial-review-of-the-house-2018-farm-bill-farmdoc-daily.md) | +1.5% | +4.7% |
| CORN | 2020-10-08 | [Reviewing the Recent Government Accountability Office Report on MFP 2019 - farmdoc daily](https://feedsoft.ai/events/50629-reviewing-the-recent-government-accountability-office-report-on-mfp-2019.md) | +2.3% | +6.5% |
| CORN | 2024-09-27 | [Squeezing the Farmer, Part 1: Initiating Examination of a Persistent Challenge - farmdoc daily](https://feedsoft.ai/events/28290-squeezing-the-farmer-part-1-initiating-examination-of-a-persistent-challenge.md) | +2.2% | +1.0% |
| CORN | 2025-05-15 | [Reviewing the House Agriculture Committee’s Reconciliation Bill - farmdoc daily](https://feedsoft.ai/events/24654-reviewing-the-house-agriculture-committee-s-reconciliation-bill-farmdoc-daily.md) | +4.4% | -0.2% |
| CORN | 2018-01-05 | [IFES 2017: Farm Policy Review and Outlook for the 2018 Farm Bill - farmdoc daily](https://feedsoft.ai/events/66971-ifes-2017-farm-policy-review-and-outlook-for-the-2018-farm-bill-farmdoc-daily.md) | -0.4% | +2.4% |
| SOY | 2018-04-26 | [Initial Review of the House 2018 Farm Bill - farmdoc daily](https://feedsoft.ai/events/65504-initial-review-of-the-house-2018-farm-bill-farmdoc-daily.md) | +0.5% | +1.1% |
| SOY | 2020-10-08 | [Reviewing the Recent Government Accountability Office Report on MFP 2019 - farmdoc daily](https://feedsoft.ai/events/50629-reviewing-the-recent-government-accountability-office-report-on-mfp-2019.md) | +0.5% | +2.7% |
| SOY | 2024-09-27 | [Squeezing the Farmer, Part 1: Initiating Examination of a Persistent Challenge - farmdoc daily](https://feedsoft.ai/events/28290-squeezing-the-farmer-part-1-initiating-examination-of-a-persistent-challenge.md) | +0.5% | -4.3% |

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2022/08/reviewing-the-inflation-reduction-act-of-2022-part-2.html

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