# Cotton-dairy failure leaves big budget hole, farm bill bitterness | 2017-05-03 | Agri-Pulse | Agri-Pulse Communications, Inc.

> Lawmakers failed to agree on aid for cotton and dairy producers in the fiscal 2017 budget agreement, and neither provision was included. The National Cotton Council and House Agriculture Chairman Mike Conaway blamed Senate Democrats. The outcome leaves the House and Senate Agriculture committees facing a multibillion-dollar budget hole for the next farm bill.

- Date: 2017-05-03 · published 2017-05-03T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/71138-cotton-dairy-failure-leaves-big-budget-hole-farm-bill-bitterness-2017-05-03
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

The failed dairy assistance removes a near-term support for milk prices, but the direct market effect is modest. The bigger impact is on farm-bill funding and the outlook for producer support.

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/9206-cotton-dairy-failure-leaves-big-budget-hole-farm-bill-bitterness

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