# Looking ahead to a new year in ag policy

> A Farm Progress policy report says the farm outlook is stabilizing but not promising, with USDA's 2017 farm income estimate at $63.4 billion. USDA's initial projections show corn prices rising slowly from $3.20 per bushel to $3.60 by 2027.

- Date: 2017-12-05 · published 2017-12-05T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67458-looking-ahead-to-a-new-year-in-ag-policy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The long, slow price climb in USDA projections signals limited upside for corn and feed costs, and the pending farm bill and trade policy remain open risks.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-04-18 | [New Season Wheat Yield In The EU To Grow](https://feedsoft.ai/events/71428-new-season-wheat-yield-in-the-eu-to-grow.md) | -0.6% | +1.5% |
| CORN | 2021-06-18 | [CBOT Prices Rebound Looking Forward to Next Crop Rating \| Feed & Grain](https://feedsoft.ai/events/46669-cbot-prices-rebound-looking-forward-to-next-crop-rating-feed-and-grain.md) | +0.3% | -5.2% |
| CORN | 2023-01-10 | [Trade and Trade Policy Outlook 2023 - Purdue Ag Econ Report](https://feedsoft.ai/events/37715-trade-and-trade-policy-outlook-2023-purdue-ag-econ-report.md) | +1.9% | +2.6% |
| CORN | 2024-04-30 | [Argentina's Rosario Port Falls in 2023 Exports, New Orleans Takes Top Spot - Farm Policy News](https://feedsoft.ai/events/13930-argentina-s-rosario-port-falls-in-2023-exports-new-orleans-takes-top-spot-farm.md) | +3.0% | +7.6% |
| CORN | 2022-09-29 | [Fertilizer Prices Remain “Considerably Higher” Than Last Year, as Hurricane Ian Could Worsen Outlook \| Farm Policy News \| Illinois](https://feedsoft.ai/events/11905-fertilizer-prices-remain-considerably-higher-than-last-year-as-hurricane-ian.md) | +1.7% | +4.0% |

## Sources

- farmprogress.com: https://www.farmprogress.com/management/looking-ahead-to-a-new-year-in-ag-policy

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