# IFES 2017: Farm Policy Review and Outlook for the 2018 Farm Bill - farmdoc daily

> A University of Illinois farm economist reviewed current U.S. farm policy at the 2017 Illinois Farm Economics Summit, covering PLC and ARC programs under the 2014 Farm Bill. He noted the act expires with the 2018 crop year and Congress must reauthorize by September 30, 2018.

- Date: 2018-01-05 · published 2018-01-05T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/66971-ifes-2017-farm-policy-review-and-outlook-for-the-2018-farm-bill-farmdoc-daily
- 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

Uncertainty over the 2018 farm bill's safety-net design affects planting decisions and farm income expectations, but it does not directly move near-term grain prices.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-02-09 | [Behind the Hot Year for Biofuels M&A: 2021 Review and Outlook  : The Daily Digest](https://feedsoft.ai/events/42710-behind-the-hot-year-for-biofuels-m-and-a-2021-review-and-outlook-the-daily.md) | +0.5% | +15.2% |
| CORN | 2021-01-07 | [IFES 2020: Post-Election Farm Policy Outlook After Three Years of Ad Hoc Payments - farmdoc daily](https://feedsoft.ai/events/49111-ifes-2020-post-election-farm-policy-outlook-after-three-years-of-ad-hoc.md) | +5.6% | +13.4% |
| CORN | 2025-01-28 | [The 2025 Farm Bill What-If Tool - farmdoc daily](https://feedsoft.ai/events/26504-the-2025-farm-bill-what-if-tool-farmdoc-daily.md) | +0.7% | -0.3% |
| CORN | 2024-05-15 | [Statutory Reference Prices and the Next Farm Bill - farmdoc daily](https://feedsoft.ai/events/30236-statutory-reference-prices-and-the-next-farm-bill-farmdoc-daily.md) | +0.8% | +5.1% |
| CORN | 2022-01-13 | [Trade and trade policy outlook, 2022](https://feedsoft.ai/events/14966-trade-and-trade-policy-outlook-2022.md) | -1.3% | +5.3% |
| SOY | 2021-01-07 | [IFES 2020: Post-Election Farm Policy Outlook After Three Years of Ad Hoc Payments - farmdoc daily](https://feedsoft.ai/events/49111-ifes-2020-post-election-farm-policy-outlook-after-three-years-of-ad-hoc.md) | +3.4% | +0.5% |
| SOY | 2025-01-28 | [The 2025 Farm Bill What-If Tool - farmdoc daily](https://feedsoft.ai/events/26504-the-2025-farm-bill-what-if-tool-farmdoc-daily.md) | +1.3% | -1.3% |
| SOY | 2024-05-15 | [Statutory Reference Prices and the Next Farm Bill - farmdoc daily](https://feedsoft.ai/events/30236-statutory-reference-prices-and-the-next-farm-bill-farmdoc-daily.md) | +3.1% | -1.8% |

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2018/01/ifes-2017-farm-policy-review-and-outlook-farm-bill.html

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