# Trump budget sets up farm bill feud - POLITICO

> The Trump administration's budget proposal would cut crop insurance and commodity subsidies by $28 billion. Trade groups representing crop insurers argue the policies would become unaffordable for farmers.

- Date: 2019-03-12 · published 2019-03-12T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/60078-trump-budget-sets-up-farm-bill-feud-politico
- 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

Proposed subsidy cuts create policy uncertainty around farm risk management, but the budget is only a proposal and has limited near-term effect on feed grain prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-02-12 | [Ag Policy Update: Farm Bill, Budget Deals & Trade \| AgWired](https://feedsoft.ai/events/66484-ag-policy-update-farm-bill-budget-deals-and-trade-agwired.md) | +0.8% | +3.5% |
| CORN | 2023-12-18 | [Farm bill debate goes sour - POLITICO](https://feedsoft.ai/events/32679-farm-bill-debate-goes-sour-politico.md) | -1.5% | -3.8% |
| 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% |
| CORN | 2017-05-25 | [Ag economists weigh in on farm bill, Trump budget - Brownfield Ag News](https://feedsoft.ai/events/71004-ag-economists-weigh-in-on-farm-bill-trump-budget-brownfield-ag-news.md) | -0.2% | -1.2% |
| 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% |
| SOY | 2018-02-12 | [Ag Policy Update: Farm Bill, Budget Deals & Trade \| AgWired](https://feedsoft.ai/events/66484-ag-policy-update-farm-bill-budget-deals-and-trade-agwired.md) | +3.9% | +5.1% |
| SOY | 2023-12-18 | [Farm bill debate goes sour - POLITICO](https://feedsoft.ai/events/32679-farm-bill-debate-goes-sour-politico.md) | -1.2% | -8.4% |
| SOY | 2017-10-02 | [Senate Budget Plan Spares Farm Bill](https://feedsoft.ai/events/68457-senate-budget-plan-spares-farm-bill.md) | +0.4% | +0.7% |

## Sources

- politico.com: https://www.politico.com/newsletters/morning-agriculture/2019/03/12/trump-budget-sets-up-farm-bill-feud-541078

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