# Agriculture Funding in the Bipartisan Budget Act of 2018  - EveryCRSReport.com

> The Bipartisan Budget Act of 2018 (P.L. 115-123) was passed by Congress on February 9, 2018, and includes $3.6 billion in FY2018 disaster assistance and $1.4 billion added to the 10-year farm bill baseline. It also extends sequestration by two years and revises several agricultural programs, including dairy and cotton provisions.

- Date: 2018-02-16 · published 2018-02-16T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/66479-agriculture-funding-in-the-bipartisan-budget-act-of-2018-everycrsreport-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Disaster aid and dairy margin changes can support producer herd and milk output decisions, while the cotton PLC change affects cotton planting and cottonseed meal supply. The impact on grain and feed prices is limited.

## Read by commodity

- CSM: neutral
- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-02-24 | [Pricing Amendments to the Federal Milk Marketing Orders - EveryCRSReport.com](https://feedsoft.ai/events/26045-pricing-amendments-to-the-federal-milk-marketing-orders-everycrsreport-com.md) | +0.0% | -8.4% |
| MILK | 2017-10-11 | [Farm Bill Primer: Dairy Safety Net - EveryCRSReport.com](https://feedsoft.ai/events/68458-farm-bill-primer-dairy-safety-net-everycrsreport-com.md) | +0.6% | -1.4% |
| MILK | 2018-08-01 | [Dairy MPP is delivering in 2018 \| TheFencePost.com](https://feedsoft.ai/events/5855-dairy-mpp-is-delivering-in-2018-thefencepost-com.md) | +5.0% | +6.4% |
| MILK | 2020-04-12 | [CARES Act Agriculture: COVID-19 Help Agribusiness, Ranchers, Farm](https://feedsoft.ai/events/53624-cares-act-agriculture-covid-19-help-agribusiness-ranchers-farm.md) | -1.1% | -14.8% |
| MILK | 2018-02-09 | [Congress clears budget deal, farm aid after shutdown \| 2018-02-09 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/66483-congress-clears-budget-deal-farm-aid-after-shutdown-2018-02-09-agri-pulse-agri.md) | -0.1% | +5.3% |

## Sources

- everycrsreport.com: https://www.everycrsreport.com/reports/IF10829.html

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