# Reining in wasteful agricultural spending can help America reclaim its fiscal future - R Street Institute

> An R Street Institute commentary argues that agricultural spending should be cut to help balance the federal budget. It references the House Republican Study Committee's FY2022 budget plan, which targets farm subsidies.

- Date: 2021-05-24 · published 2021-05-24T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/47068-reining-in-wasteful-agricultural-spending-can-help-america-reclaim-its-fiscal
- 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

This is opinion on proposed spending cuts with no enacted policy change, so it has little near-term effect on feed grain or oilseed prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-10-01 | [Is the Past the Prologue for the Future of Agricultural Policy in the United States? \| American Enterprise Institute - AEI](https://feedsoft.ai/events/44521-is-the-past-the-prologue-for-the-future-of-agricultural-policy-in-the-united.md) | +0.7% | +3.7% |
| CORN | 2020-07-28 | [Modern Day Agricultural Policy Must Include Meaningful Cuts to Domestic Subsidies - R Street Institute](https://feedsoft.ai/events/52104-modern-day-agricultural-policy-must-include-meaningful-cuts-to-domestic.md) | -1.3% | +2.8% |
| CORN | 2025-10-15 | [Changes for Agriculture in the One Big Beautiful Bill Act \| American Enterprise Institute - AEI](https://feedsoft.ai/events/22384-changes-for-agriculture-in-the-one-big-beautiful-bill-act-american-enterprise.md) | +0.1% | +2.9% |
| CORN | 2021-02-02 | [Whither Agricultural Policy in 2021 and Beyond \| American Enterprise Institute - AEI](https://feedsoft.ai/events/48602-whither-agricultural-policy-in-2021-and-beyond-american-enterprise-institute-aei.md) | +0.4% | -3.9% |
| CORN | 2017-04-20 | [Making farm supports a safety net again - R Street Institute](https://feedsoft.ai/events/71485-making-farm-supports-a-safety-net-again-r-street-institute.md) | +0.2% | +3.0% |
| SOY | 2021-10-01 | [Is the Past the Prologue for the Future of Agricultural Policy in the United States? \| American Enterprise Institute - AEI](https://feedsoft.ai/events/44521-is-the-past-the-prologue-for-the-future-of-agricultural-policy-in-the-united.md) | -0.7% | -1.8% |
| SOY | 2020-07-28 | [Modern Day Agricultural Policy Must Include Meaningful Cuts to Domestic Subsidies - R Street Institute](https://feedsoft.ai/events/52104-modern-day-agricultural-policy-must-include-meaningful-cuts-to-domestic.md) | -1.0% | -0.7% |
| SOY | 2025-10-15 | [Changes for Agriculture in the One Big Beautiful Bill Act \| American Enterprise Institute - AEI](https://feedsoft.ai/events/22384-changes-for-agriculture-in-the-one-big-beautiful-bill-act-american-enterprise.md) | +2.4% | +10.6% |

## Sources

- rstreet.org: https://www.rstreet.org/commentary/reining-in-wasteful-agricultural-spending-can-help-america-reclaim-its-fiscal-future/

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