# Thune’s Latest Farm Bill Proposal Would Modernize and Target Commodity Assistance

> Senator John Thune unveiled farm bill proposals to simplify ARC-CO payments for multi-county farms and to update base acres using 2014-2017 planting history. A CBO score is not yet available, but the changes are expected to save taxpayer money.

- Date: 2017-05-25 · published 2017-05-25T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/71000-thune-s-latest-farm-bill-proposal-would-modernize-and-target-commodity
- 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

Changes to commodity payment structures affect farm planting incentives at the margin, but the proposal is early-stage and has little near-term price impact.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-12-22 | [Farm Bill Title I Commodity Programs – ARC, PLC and Marketing Assistance Loans \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/38203-farm-bill-title-i-commodity-programs-arc-plc-and-marketing-assistance-loans.md) | +2.1% | +2.1% |
| CORN | 2024-09-05 | [Where’s the latest farm bill? Follow the proposed spending for clues • Missouri Independent](https://feedsoft.ai/events/28295-where-s-the-latest-farm-bill-follow-the-proposed-spending-for-clues-missouri.md) | -2.1% | +4.5% |
| CORN | 2019-04-03 | [2018 Farm Bill Primer: Marketing Assistance Loan Program - EveryCRSReport.com](https://feedsoft.ai/events/59573-2018-farm-bill-primer-marketing-assistance-loan-program-everycrsreport-com.md) | -1.1% | -1.6% |
| CORN | 2024-11-11 | [Understanding the Commodity Credit Corporation and the Market Facilitation Program in American Agriculture \| Farm Bill Law Enterprise](https://feedsoft.ai/events/27389-understanding-the-commodity-credit-corporation-and-the-market-facilitation.md) | -1.2% | -0.1% |
| CORN | 2026-05-01 | [U.S. House Passes ‘Skinny’ Farm Bill That Keeps Big GOP Cuts to Food Assistance](https://feedsoft.ai/events/19679-u-s-house-passes-skinny-farm-bill-that-keeps-big-gop-cuts-to-food-assistance.md) | -1.4% | +0.1% |
| SOY | 2022-12-22 | [Farm Bill Title I Commodity Programs – ARC, PLC and Marketing Assistance Loans \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/38203-farm-bill-title-i-commodity-programs-arc-plc-and-marketing-assistance-loans.md) | +1.9% | +0.6% |
| SOY | 2021-04-29 | [Case for Ad Hoc Assistance in the Presence of Commodity Programs: MFP 2018 - farmdoc daily](https://feedsoft.ai/events/47578-case-for-ad-hoc-assistance-in-the-presence-of-commodity-programs-mfp-2018.md) | +1.6% | -3.5% |
| SOY | 2024-09-05 | [Where’s the latest farm bill? Follow the proposed spending for clues • Missouri Independent](https://feedsoft.ai/events/28295-where-s-the-latest-farm-bill-follow-the-proposed-spending-for-clues-missouri.md) | -2.6% | +5.0% |

## Sources

- thune.senate.gov: https://www.thune.senate.gov/news/press-releases/thune-s-latest-farm-bill-proposal-would-modernize-and-target-commodity-assistance/

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