# Looking at a More Permanent Disaster Program | Red River Farm Network

> South Dakota Senator John Thune called for ad hoc disaster assistance to be built into the farm bill as a permanent program. He favors crop insurance provisions that trigger automatically after weather disasters.

- Date: 2021-08-23 · published 2021-08-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/45552-looking-at-a-more-permanent-disaster-program-red-river-farm-network
- 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

A permanent disaster framework would change how drought losses are compensated, which can affect farmers' planting and marketing behavior at the margin.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-08-03 | [A Deep Dive into Farm Bill Funding \| Red River Farm Network](https://feedsoft.ai/events/40024-a-deep-dive-into-farm-bill-funding-red-river-farm-network.md) | +2.2% | +4.5% |
| CORN | 2021-04-21 | [China Seeking Alternatives to Corn and Soybean Meal \| Red River Farm Network](https://feedsoft.ai/events/47709-china-seeking-alternatives-to-corn-and-soybean-meal-red-river-farm-network.md) | +14.7% | +11.9% |
| CORN | 2017-09-20 | [Taking a more holistic look at the farm bill - POLITICO](https://feedsoft.ai/events/68965-taking-a-more-holistic-look-at-the-farm-bill-politico.md) | +0.5% | +3.0% |
| CORN | 2023-01-02 | [Risk Management Tools Must be a Farm Bill Priority - Northern Ag Network](https://feedsoft.ai/events/37776-risk-management-tools-must-be-a-farm-bill-priority-northern-ag-network.md) | -1.8% | -0.3% |
| CORN | 2021-03-25 | [Trade Coalition Wants Trump Era Tariffs Removed \| Red River Farm Network](https://feedsoft.ai/events/48092-trade-coalition-wants-trump-era-tariffs-removed-red-river-farm-network.md) | +1.0% | +7.5% |
| SOY | 2022-08-03 | [A Deep Dive into Farm Bill Funding \| Red River Farm Network](https://feedsoft.ai/events/40024-a-deep-dive-into-farm-bill-funding-red-river-farm-network.md) | +7.9% | -3.6% |
| SOY | 2017-09-20 | [Taking a more holistic look at the farm bill - POLITICO](https://feedsoft.ai/events/68965-taking-a-more-holistic-look-at-the-farm-bill-politico.md) | -0.2% | +2.0% |
| SOY | 2019-08-15 | [Were southern soybean farmers at top of mind in the design of recent USDA tariff and disaster relief programs?](https://feedsoft.ai/events/57597-were-southern-soybean-farmers-at-top-of-mind-in-the-design-of-recent-usda.md) | -0.1% | +2.6% |

## Sources

- rrfn.com: https://www.rrfn.com/2021/08/23/looking-at-a-more-permanent-disaster-program/

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