◂ Event Timeline

Mar 15, 2017POLICYUS

Ag groups urge boost in farm bill spending

Farm groups including the American Farm Bureau and National Farmers Union asked House and Senate budget committees for extra farm bill spending beyond baseline. The letter cites low commodity prices and USDA projections of continued low prices into 2018.

WHY IT MATTERS

If extra funding is secured, it would cushion farm income and sustain planted acreage despite weak prices, but funding is not yet approved and the effect on grain prices is indirect.

AFFECTSCORN◆SOY◆WHEAT◆

SOURCE
agri-pulse.comPhilip BrasherMar 15, 2017

Price reaction & history

CORN◆neutralSO FAR1d +1.7%5d +1.0%20d +1.9%

After 439 past neutral policy events, CORN moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.

Jun 16, 2020Farm groups urge preservation of China trade deal | 2020-06-15 | Agri-Pulse Communications, Inc.-0.0%
Mar 16, 2022High crop prices, SNAP costs may challenge farm bill writers | 2022-03-15 | Agri-Pulse Communications, Inc.+0.1%
Apr 29, 2024House Ag Democrats counter on farm bill with CCC funding plan | Agri-Pulse Communications, Inc.+0.9%
Mar 4, 2026Farm bill faces uphill climb with mid-year politics in play | Agri-Pulse Communications, Inc.+0.3%
Aug 27, 2025USDA considering 'bridge' payments for farmers | Agri-Pulse Communications, Inc.+3.6%

SOY◆neutralSO FAR1d +1.1%5d +1.4%20d -4.9%

After 553 past neutral policy events, SOY moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.

Jun 16, 2020Farm groups urge preservation of China trade deal | 2020-06-15 | Agri-Pulse Communications, Inc.+0.8%
Apr 29, 2022Senate Ag launches farm bill hearings | 2022-04-29 | Agri-Pulse Communications, Inc.-1.6%
Apr 29, 2024House Ag Democrats counter on farm bill with CCC funding plan | Agri-Pulse Communications, Inc.+3.6%
Jan 28, 2019Farm subsidies to leap on $9.8 billion in trade aid | 2019-01-28 | Agri-Pulse | Agri-Pulse Communications, Inc.-0.8%
Aug 27, 2025USDA considering 'bridge' payments for farmers | Agri-Pulse Communications, Inc.-1.2%

WHEAT◆neutralSO FAR1d +1.0%5d -1.7%20d +1.1%

After 137 past neutral policy events, WHEAT moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), and +0.3% over 20.

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

CORN · GP ▸

——— · ·

SOY · GP ▸

——— · ·

Loading…