# Making farm supports a safety net again - R Street Institute

> R Street's Caroline Kitchens argues the farm safety net should be reformed, noting the White House requested a $4.7 billion USDA cut for fiscal 2018 and that the 2014 farm bill cost well above CBO projections. She says farm groups are pressing Congress for more support as prices remain low.

- Date: 2017-04-20 · published 2017-04-20T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/71485-making-farm-supports-a-safety-net-again-r-street-institute
- 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

The debate over USDA funding and farm support levels affects long-run government spending on farm programs, but it does not create an immediate change in feed grain supply, demand or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-03-20 | [Farm Bill Is Safety Net in an Uncertain Ag World](https://feedsoft.ai/events/31190-farm-bill-is-safety-net-in-an-uncertain-ag-world.md) | -2.3% | -6.8% |
| CORN | 2019-06-06 | [Expanding the farm income safety net](https://feedsoft.ai/events/58577-expanding-the-farm-income-safety-net.md) | +2.8% | +4.2% |
| CORN | 2021-10-18 | [Harvesting Another Trade War: Ad Hoc Farm Subsidies and Our WTO Commitments - R Street Institute](https://feedsoft.ai/events/44522-harvesting-another-trade-war-ad-hoc-farm-subsidies-and-our-wto-commitments-r.md) | +1.5% | +13.0% |
| CORN | 2016-12-12 | [Drain the Swamp or Drain the Farm Safety Net?](https://feedsoft.ai/events/73469-drain-the-swamp-or-drain-the-farm-safety-net.md) | +1.3% | +1.3% |
| CORN | 2023-02-09 | [Seven Worries About Farm Safety Net Heading Into Next Farm Bill](https://feedsoft.ai/events/37290-seven-worries-about-farm-safety-net-heading-into-next-farm-bill.md) | -1.3% | -5.2% |
| SOY | 2024-03-20 | [Farm Bill Is Safety Net in an Uncertain Ag World](https://feedsoft.ai/events/31190-farm-bill-is-safety-net-in-an-uncertain-ag-world.md) | +1.1% | -3.0% |
| SOY | 2019-06-06 | [Expanding the farm income safety net](https://feedsoft.ai/events/58577-expanding-the-farm-income-safety-net.md) | +0.9% | +1.8% |
| SOY | 2021-10-18 | [Harvesting Another Trade War: Ad Hoc Farm Subsidies and Our WTO Commitments - R Street Institute](https://feedsoft.ai/events/44522-harvesting-another-trade-war-ad-hoc-farm-subsidies-and-our-wto-commitments-r.md) | +0.2% | +1.3% |

## Sources

- rstreet.org: https://www.rstreet.org/research/making-farm-supports-a-safety-net-again/

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