# Farm Bill needs more money, not less - Brownfield Ag News

> Ranking Member Collin Peterson said the next farm bill should be funded at a higher baseline rather than cut, citing farm financial strain and priorities including restoring cotton as a covered commodity and fixing Dairy Margin Protection. He also said he would like the Conservation Reserve Program returned to 35 to 40 million acres.

- Date: 2017-02-23 · published 2017-02-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/72472-farm-bill-needs-more-money-not-less-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

A larger baseline would support dairy margin protection and cotton programs, while a CRP expansion would take land out of production over time, a mildly bullish factor for crop prices.

## Read by commodity

- CSM: neutral
- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-01-05 | [Prices slumping, include milk in Rs 35-bn stabilisation fund: Farm Ministry \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/5204-prices-slumping-include-milk-in-rs-35-bn-stabilisation-fund-farm-ministry.md) | -1.7% | -3.0% |
| MILK | 2020-04-20 | [Farmers to Get up to $250,000 Each in Coronavirus Cash, With More Possible](https://feedsoft.ai/events/53628-farmers-to-get-up-to-250-000-each-in-coronavirus-cash-with-more-possible.md) | -1.6% | -8.7% |
| MILK | 2025-04-03 | [Economic Update: Several dairy bills receive support in Congress \| Ag Proud](https://feedsoft.ai/events/5651-economic-update-several-dairy-bills-receive-support-in-congress-ag-proud.md) | +0.7% | +7.4% |
| MILK | 2020-04-18 | [Trump’s farm aid bailout program, explained \| Vox](https://feedsoft.ai/events/53627-trump-s-farm-aid-bailout-program-explained-vox.md) | -1.6% | -8.7% |
| MILK | 2018-07-25 | [Farmers prefer Trump do trade deals than hand them cash \| Tyler Morning Telegraph](https://feedsoft.ai/events/6572-farmers-prefer-trump-do-trade-deals-than-hand-them-cash-tyler-morning-telegraph.md) | -0.6% | +5.7% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/farm-bill-needs-money-not-less/

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