# Bills fund farm aid, seek curbs on FDA rules | 2017-07-25 | Agri-Pulse | Agri-Pulse Communications, Inc.

> Senate and House fiscal 2018 appropriations bills for USDA and FDA would provide about $1 billion in new aid to cotton and dairy farmers. The Senate bill would make cottonseed eligible for Price Loss Coverage and lower dairy Margin Protection Program costs, while the House bill lacks similar provisions.

- Date: 2017-07-26 · published 2017-07-26T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/69932-bills-fund-farm-aid-seek-curbs-on-fda-rules-2017-07-25-agri-pulse-agri-pulse
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Added cotton and dairy support could keep cotton and dairy output higher, modestly easing cottonseed meal and milk supply tightness over time.

## Read by commodity

- CSM: bearish ▼
- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-06-30 | [Negative PPDs to Offset Milk Price Rally \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/52775-negative-ppds-to-offset-milk-price-rally-farm-bureau-intel-markets-american.md) | +11.9% | +16.6% |
| MILK | 2018-09-04 | [Demand for SMP intervention stocks picked up significantly \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/63110-demand-for-smp-intervention-stocks-picked-up-significantly-agrifish-post-online.md) | -1.6% | -2.5% |
| MILK | 2018-10-26 | [Dairy Organizations Ask For More Aid From USDA As Retaliatory Tariffs Impact Profits - WPR](https://feedsoft.ai/events/62684-dairy-organizations-ask-for-more-aid-from-usda-as-retaliatory-tariffs-impact.md) | -4.2% | -6.8% |
| MILK | 2020-04-10 | [Pandemic Weakening Milk Prices; Industry Calls for Policy Action - EveryCRSReport.com](https://feedsoft.ai/events/53641-pandemic-weakening-milk-prices-industry-calls-for-policy-action-everycrsreport.md) | -1.1% | -14.8% |
| MILK | 2020-08-06 | [Demand for Cheese Declines, Prices Take a Tumble \| Red River Farm Network](https://feedsoft.ai/events/8833-demand-for-cheese-declines-prices-take-a-tumble-red-river-farm-network.md) | -0.1% | -14.9% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/9624-bills-fund-farm-aid-seek-curbs-on-fda-rules

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