# Peterson on Farm Bill: No extra dollars to boost safety net | MPR News

> Rep. Collin Peterson, the ranking Democrat on the House Agriculture Committee, says there is no extra money to strengthen the farm safety net in the 2018 farm bill. He notes that the Republican budget resolution may cut farm bill spending or hold it flat, and that farmers face financial strain.

- Date: 2017-10-03 · published 2017-10-03T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/68456-peterson-on-farm-bill-no-extra-dollars-to-boost-safety-net-mpr-news
- 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

Limited funding for the farm bill constrains how much the safety net can cushion low prices. This is a political signal about future support rather than an immediate price driver.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-03-07 | [U.S. producers want next farm bill to boost safety net \| The Western Producer](https://feedsoft.ai/events/31191-u-s-producers-want-next-farm-bill-to-boost-safety-net-the-western-producer.md) | +1.4% | -1.8% |
| CORN | 2023-07-05 | [On the search for extra farm bill funds - Brownfield Ag News](https://feedsoft.ai/events/35045-on-the-search-for-extra-farm-bill-funds-brownfield-ag-news.md) | +1.4% | -6.5% |
| CORN | 2023-12-13 | [Farm bill unfinished, growers still need safety net plan](https://feedsoft.ai/events/32683-farm-bill-unfinished-growers-still-need-safety-net-plan.md) | +1.1% | +0.4% |
| CORN | 2017-08-16 | [Farm Bill Primer: The Farm Safety Net - EveryCRSReport.com](https://feedsoft.ai/events/69431-farm-bill-primer-the-farm-safety-net-everycrsreport-com.md) | -2.4% | -4.2% |
| CORN | 2023-09-25 | [New Trade, Foreign Aid Dollars From USDA Check Boxes on Stabenow's Farm Bill List](https://feedsoft.ai/events/34086-new-trade-foreign-aid-dollars-from-usda-check-boxes-on-stabenow-s-farm-bill-list.md) | -0.3% | +1.6% |
| SOY | 2024-03-07 | [U.S. producers want next farm bill to boost safety net \| The Western Producer](https://feedsoft.ai/events/31191-u-s-producers-want-next-farm-bill-to-boost-safety-net-the-western-producer.md) | +3.6% | +3.5% |
| SOY | 2021-10-05 | [ASA working on improved safety net for next farm bill - Brownfield Ag News](https://feedsoft.ai/events/44523-asa-working-on-improved-safety-net-for-next-farm-bill-brownfield-ag-news.md) | -0.6% | +0.1% |
| SOY | 2023-07-05 | [On the search for extra farm bill funds - Brownfield Ag News](https://feedsoft.ai/events/35045-on-the-search-for-extra-farm-bill-funds-brownfield-ag-news.md) | -2.7% | -7.4% |

## Sources

- mprnews.org: https://www.mprnews.org/story/2017/10/03/what-is-happening-to-2018-farm-bill

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