# Congress clears budget deal, farm aid after shutdown | 2018-02-09 | Agri-Pulse | Agri-Pulse Communications, Inc.

> President Trump signed a budget agreement on February 9 after a brief partial government shutdown, providing new assistance to cotton and dairy producers and $2.4 billion in aid to farmers hurt by last year's hurricanes. The deal extends government funding to March 23 and raises spending limits for two years.

- Date: 2018-02-09 · published 2018-02-09T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/66483-congress-clears-budget-deal-farm-aid-after-shutdown-2018-02-09-agri-pulse-agri
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Dairy margin and livestock insurance changes may support milk production, and cotton PLC eligibility could shift cotton acreage and cottonseed meal supply. The overall effect on feed grain prices is modest.

## Read by commodity

- CSM: neutral
- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-12-19 | [Disaster bill adds cotton to farm bill \| 2017-12-18 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/67461-disaster-bill-adds-cotton-to-farm-bill-2017-12-18-agri-pulse-agri-pulse.md) | -0.6% | -10.8% |
| MILK | 2019-02-27 | [Perdue sets signup goals for farm bill \| 2019-02-27 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/60598-perdue-sets-signup-goals-for-farm-bill-2019-02-27-agri-pulse-agri-pulse.md) | +8.5% | +8.0% |
| MILK | 2018-01-24 | [Article Headline \| 2018-01-23 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/67126-article-headline-2018-01-23-agri-pulse-agri-pulse-communications-inc.md) | -0.1% | -3.2% |
| MILK | 2017-11-08 | [High stakes milk producers as they await action from USDA, Congress \| 2017-11-07 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/10558-high-stakes-milk-producers-as-they-await-action-from-usda-congress-2017-11-07.md) | +2.1% | -5.8% |
| MILK | 2022-06-29 | [Dairy industry divides over pricing policy ahead of farm bill \| 2022-06-28 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/4557-dairy-industry-divides-over-pricing-policy-ahead-of-farm-bill-2022-06-28-agri.md) | -8.0% | -7.5% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/10587-congress-clears-budget-deal-farm-aid-after-shutdown

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