# House and Senate Ag Leaders: We've Reached Agreement in Principle on 2018 Farm Bill | House Agriculture Committee

> House and Senate agriculture leaders announced an agreement in principle on the 2018 Farm Bill on November 29. They said legal and report language and CBO scores still need to be finalized before the bill is delivered.

- Date: 2018-11-29 · published 2018-11-29T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/62027-house-and-senate-ag-leaders-we-ve-reached-agreement-in-principle-on-2018-farm
- 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 finalized farm bill sets crop subsidy, conservation and export program rules for several years, which affects planting incentives and feed grain supply expectations. The announcement is a step forward but not yet a binding change, so price impact should be modest for now.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-12-10 | [House and Senate Ag Committee Leaders Release Farm Bill Conference Report \| House Agriculture Committee](https://feedsoft.ai/events/61571-house-and-senate-ag-committee-leaders-release-farm-bill-conference-report-house.md) | +0.3% | +2.0% |
| CORN | 2018-05-15 | [Opening Statement: Conaway Offers Remarks on the 2018 Farm Bill Before House Rules Committee \| House Agriculture Committee](https://feedsoft.ai/events/65011-opening-statement-conaway-offers-remarks-on-the-2018-farm-bill-before-house.md) | +2.0% | -4.0% |
| CORN | 2024-02-07 | [Agriculture Committee Democrats Release Principles for the Next Farm Bill \| House Agriculture Committee](https://feedsoft.ai/events/31652-agriculture-committee-democrats-release-principles-for-the-next-farm-bill-house.md) | -1.1% | +0.3% |
| CORN | 2023-04-26 | [Opening Statement: “Producer Perspectives on the 2023 Farm Bill” \| House Agriculture Committee](https://feedsoft.ai/events/36398-opening-statement-producer-perspectives-on-the-2023-farm-bill-house-agriculture.md) | -2.1% | -5.4% |
| CORN | 2018-06-29 | [The House Agriculture Committee's 2018 Farm Bill (H.R. 2): A Side-by-Side Comparison with Current Law](https://feedsoft.ai/events/64516-the-house-agriculture-committee-s-2018-farm-bill-h-r-2-a-side-by-side.md) | +2.3% | -0.9% |
| SOY | 2018-12-10 | [House and Senate Ag Committee Leaders Release Farm Bill Conference Report \| House Agriculture Committee](https://feedsoft.ai/events/61571-house-and-senate-ag-committee-leaders-release-farm-bill-conference-report-house.md) | -1.8% | -1.1% |
| SOY | 2018-05-15 | [Opening Statement: Conaway Offers Remarks on the 2018 Farm Bill Before House Rules Committee \| House Agriculture Committee](https://feedsoft.ai/events/65011-opening-statement-conaway-offers-remarks-on-the-2018-farm-bill-before-house.md) | +1.2% | -5.8% |
| SOY | 2024-02-07 | [Agriculture Committee Democrats Release Principles for the Next Farm Bill \| House Agriculture Committee](https://feedsoft.ai/events/31652-agriculture-committee-democrats-release-principles-for-the-next-farm-bill-house.md) | -1.1% | -4.9% |

## Sources

- agriculture.house.gov: https://agriculture.house.gov/news/documentsingle.aspx?DocumentID=4464

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