# Opening Statement: Subcommittee Chairman Rick Crawford: General Farm Commodities and Risk Management Subcommittee Hearing: The Next Farm Bill: Commodity Policy Part II | House Agriculture Committee

> House Agriculture subcommittee chairman Rick Crawford opened a hearing on commodity policy for cotton, rice, peanut, canola and sugar as part of 2018 farm bill deliberations. He said commodity prices have been low for several years and net farm income has fallen 50% in four years.

- Date: 2017-04-04 · published 2017-04-04T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/71480-opening-statement-subcommittee-chairman-rick-crawford-general-farm-commodities
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Farm bill debate over commodity support shapes future planting incentives and safety-net payments, but no immediate change to supply or demand is enacted, so price impact is limited.

## Read by commodity

- CSM: neutral
- SOY: neutral
- CORN: neutral
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-04-26 | [Opening Statement: “Producer Perspectives on the 2023 Farm Bill” \| House Agriculture Committee](https://feedsoft.ai/events/36398-opening-statement-producer-perspectives-on-the-2023-farm-bill-house-agriculture.md) | -2.1% | -5.4% |
| CORN | 2018-06-29 | [The House Agriculture Committee's 2018 Farm Bill (H.R. 2): A Side-by-Side Comparison with Current Law](https://feedsoft.ai/events/64516-the-house-agriculture-committee-s-2018-farm-bill-h-r-2-a-side-by-side.md) | +2.3% | -0.9% |
| CORN | 2018-05-16 | [The House Agriculture Committee’s 2018 Farm Bill (H.R. 2): A Side-by-Side Comparison with Current Law - EveryCRSReport.com](https://feedsoft.ai/events/65010-the-house-agriculture-committee-s-2018-farm-bill-h-r-2-a-side-by-side.md) | +0.3% | -4.4% |
| CORN | 2019-06-16 | [Senate Agriculture Committee Trade Hearing- USMCA, China, and MFP Payments](https://feedsoft.ai/events/58573-senate-agriculture-committee-trade-hearing-usmca-china-and-mfp-payments.md) | -0.8% | -0.8% |
| CORN | 2024-04-16 | [Chairman Smith Opening Statement - Hearing with U.S. Trade Representative Tai - Ways and Means](https://feedsoft.ai/events/30704-chairman-smith-opening-statement-hearing-with-u-s-trade-representative-tai-ways.md) | -0.3% | +3.3% |
| SOY | 2023-04-26 | [Opening Statement: “Producer Perspectives on the 2023 Farm Bill” \| House Agriculture Committee](https://feedsoft.ai/events/36398-opening-statement-producer-perspectives-on-the-2023-farm-bill-house-agriculture.md) | -0.4% | -8.5% |
| SOY | 2018-06-29 | [The House Agriculture Committee's 2018 Farm Bill (H.R. 2): A Side-by-Side Comparison with Current Law](https://feedsoft.ai/events/64516-the-house-agriculture-committee-s-2018-farm-bill-h-r-2-a-side-by-side.md) | +1.5% | +1.1% |
| SOY | 2018-05-16 | [The House Agriculture Committee’s 2018 Farm Bill (H.R. 2): A Side-by-Side Comparison with Current Law - EveryCRSReport.com](https://feedsoft.ai/events/65010-the-house-agriculture-committee-s-2018-farm-bill-h-r-2-a-side-by-side.md) | +1.2% | -8.1% |

## Sources

- agriculture.house.gov: https://agriculture.house.gov/news/documentsingle.aspx?DocumentID=3838

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