# President Trump signs $867-billion farm bill into law - Los Angeles Times

> President Trump signed an $867 billion farm bill into law on Thursday, December 20, 2018. The legislation provides billions in farm aid and rejects deep cuts to food stamp programs.

- Date: 2018-12-20 · published 2018-12-20T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/61574-president-trump-signs-867-billion-farm-bill-into-law-los-angeles-times
- 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 five-year farm safety net strengthens producer finances, which can support planting and herd retention over time. Near-term grain and feed prices are unlikely to move much on this news alone.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-27 | [Trump dispenses billions of dollars in aid to farmers - Los Angeles Times](https://feedsoft.ai/events/56048-trump-dispenses-billions-of-dollars-in-aid-to-farmers-los-angeles-times.md) | +0.8% | +2.4% |
| CORN | 2018-08-27 | [Trump farm bailout to provide $6 billion in initial relief](https://feedsoft.ai/events/63524-trump-farm-bailout-to-provide-6-billion-in-initial-relief.md) | +0.5% | +0.9% |
| CORN | 2019-01-01 | [Congress just passed an $867 billion farm bill. Here’s what’s in it.](https://feedsoft.ai/events/61575-congress-just-passed-an-867-billion-farm-bill-here-s-what-s-in-it.md) | +1.4% | +1.8% |
| CORN | 2018-11-19 | [A $12 Billion Program to Help Farmers Stung by Trump’s Trade War Has Aided Few - The New York Times](https://feedsoft.ai/events/62028-a-12-billion-program-to-help-farmers-stung-by-trump-s-trade-war-has-aided-few.md) | -1.4% | +8.5% |
| CORN | 2026-06-25 | [Trump Seeks $11.1 Billion in New Aid for US Farmers Facing Low Crop Prices - Bloomberg](https://feedsoft.ai/events/18782-trump-seeks-11-1-billion-in-new-aid-for-us-farmers-facing-low-crop-prices.md) | -0.8% | +6.4% |
| SOY | 2019-11-27 | [Trump dispenses billions of dollars in aid to farmers - Los Angeles Times](https://feedsoft.ai/events/56048-trump-dispenses-billions-of-dollars-in-aid-to-farmers-los-angeles-times.md) | -0.7% | +6.1% |
| SOY | 2018-08-27 | [Trump farm bailout to provide $6 billion in initial relief](https://feedsoft.ai/events/63524-trump-farm-bailout-to-provide-6-billion-in-initial-relief.md) | -1.1% | -0.1% |
| SOY | 2019-01-01 | [Congress just passed an $867 billion farm bill. Here’s what’s in it.](https://feedsoft.ai/events/61575-congress-just-passed-an-867-billion-farm-bill-here-s-what-s-in-it.md) | +2.7% | +4.4% |

## Sources

- latimes.com: https://www.latimes.com/politics/la-na-pol-trump-farm-bill-20181220-story.html

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