# While Biden Proposes Big Budget, USDA Budget Moves Are More Modest

> The Biden administration sent its FY2022 budget request to Congress, which includes a USDA budget that is $17.4 billion lower than FY2021 as pandemic aid winds down. Discretionary spending would rise about 9% to $29.9 billion.

- Date: 2021-05-28 · published 2021-05-28T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/47071-while-biden-proposes-big-budget-usda-budget-moves-are-more-modest
- 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

Lower mandatory farm spending reflects the end of emergency aid, but the budget is only a request and has no direct effect on commodity supply or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-05 | [Biofuel quotas get modest bump](https://feedsoft.ai/events/57961-biofuel-quotas-get-modest-bump.md) | +1.9% | -4.0% |
| CORN | 2017-05-25 | [Thune’s Latest Farm Bill Proposal Would Modernize and Target Commodity Assistance](https://feedsoft.ai/events/71000-thune-s-latest-farm-bill-proposal-would-modernize-and-target-commodity.md) | -0.2% | -1.2% |
| CORN | 2025-06-17 | [US EPA Releases RVO Proposals, But Do They Match Pace with the Market?](https://feedsoft.ai/events/15114-us-epa-releases-rvo-proposals-but-do-they-match-pace-with-the-market.md) | -2.5% | -4.3% |
| CORN | 2024-09-05 | [Where’s the latest farm bill? Follow the proposed spending for clues • Missouri Independent](https://feedsoft.ai/events/28295-where-s-the-latest-farm-bill-follow-the-proposed-spending-for-clues-missouri.md) | -2.1% | +4.5% |
| CORN | 2017-10-02 | [Senate Budget Plan Spares Farm Bill](https://feedsoft.ai/events/68457-senate-budget-plan-spares-farm-bill.md) | +2.7% | +1.7% |
| SOY | 2017-05-25 | [Thune’s Latest Farm Bill Proposal Would Modernize and Target Commodity Assistance](https://feedsoft.ai/events/71000-thune-s-latest-farm-bill-proposal-would-modernize-and-target-commodity.md) | -3.8% | -4.7% |
| SOY | 2024-10-02 | [EU proposes to delay landmark anti-deforestation law by 12 months](https://feedsoft.ai/events/27893-eu-proposes-to-delay-landmark-anti-deforestation-law-by-12-months.md) | -3.9% | -8.7% |
| SOY | 2024-09-05 | [Where’s the latest farm bill? Follow the proposed spending for clues • Missouri Independent](https://feedsoft.ai/events/28295-where-s-the-latest-farm-bill-follow-the-proposed-spending-for-clues-missouri.md) | -2.6% | +5.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/world-policy/article/2021/05/28/biden-proposes-big-budget-usda-moves

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