# Rejecting Much-Needed Reforms, Agriculture Committee’s Farm Bill Favors Status Quo on Costly Subsidies | The Heritage Foundation

> A Heritage Foundation commentary argues the House Agriculture Committee's farm bill keeps the status quo on subsidies and rejects Trump budget proposals to cut crop insurance premium subsidies. It says the Trump budget would reduce taxpayers' share of premiums from 62% to 48%.

- Date: 2018-05-07 · published 2018-05-07T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/65017-rejecting-much-needed-reforms-agriculture-committee-s-farm-bill-favors-status
- 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

If premium subsidies stay high, farmers keep more crop insurance coverage, which supports planting and limits the supply response to any price changes.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-06-02 | [Agriculture subsidies jump 59%: New report on the farm bill](https://feedsoft.ai/events/70478-agriculture-subsidies-jump-59-new-report-on-the-farm-bill.md) | +2.5% | -2.7% |
| CORN | 2025-05-15 | [Reviewing the House Agriculture Committee’s Reconciliation Bill - farmdoc daily](https://feedsoft.ai/events/24654-reviewing-the-house-agriculture-committee-s-reconciliation-bill-farmdoc-daily.md) | +4.4% | -0.2% |
| 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 | 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 | 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% |
| SOY | 2017-06-02 | [Agriculture subsidies jump 59%: New report on the farm bill](https://feedsoft.ai/events/70478-agriculture-subsidies-jump-59-new-report-on-the-farm-bill.md) | +2.8% | +0.4% |
| SOY | 2025-05-15 | [Reviewing the House Agriculture Committee’s Reconciliation Bill - farmdoc daily](https://feedsoft.ai/events/24654-reviewing-the-house-agriculture-committee-s-reconciliation-bill-farmdoc-daily.md) | -0.4% | -2.3% |
| 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% |

## Sources

- heritage.org: https://www.heritage.org/agriculture/commentary/rejecting-much-needed-reforms-agriculture-committees-farm-bill-favors-status

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