# House Agriculture Committee starts work on 2018 farm bill

> House Agriculture Committee members outlined priorities for the 2018 farm bill at a February 15 session. Rep. Rick Crawford raised the risk that Mexico could stop buying US corn and rice in retaliation for a possible border adjustment tax, and economist Pat Westhoff said trade pattern shifts would not greatly change the corn market.

- Date: 2017-02-16 · published 2017-02-16T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/72477-house-agriculture-committee-starts-work-on-2018-farm-bill
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A Mexican boycott of US corn would be a notable export risk for feed grains, but analysts think Mexico would likely shift to other origins, limiting the net price impact.

## Read by commodity

- DXY: neutral
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-04-04 | [How China will target U.S. agriculture - POLITICO](https://feedsoft.ai/events/65374-how-china-will-target-u-s-agriculture-politico.md) | +0.2% | +1.9% |
| CORN | 2018-07-31 | [Senate Farm Bill Debate, House Vote on the Horizon - Farm Policy Facts](https://feedsoft.ai/events/64021-senate-farm-bill-debate-house-vote-on-the-horizon-farm-policy-facts.md) | +8.8% | -2.8% |
| CORN | 2018-03-23 | [Trade Conflict Hits Agriculture Commodities - WSJ](https://feedsoft.ai/events/65863-trade-conflict-hits-agriculture-commodities-wsj.md) | +1.9% | +3.1% |
| CORN | 2018-08-01 | [New farm bill offers limited help in case of prolonged trade war \| 2018-07-31 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/63525-new-farm-bill-offers-limited-help-in-case-of-prolonged-trade-war-2018-07-31.md) | +7.9% | -4.6% |
| CORN | 2018-01-03 | [Ag groups see trade, farm bill among top challenges in 2018 \| 2018-01-02 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/66972-ag-groups-see-trade-farm-bill-among-top-challenges-in-2018-2018-01-02-agri.md) | -0.9% | +1.8% |
| WHEAT | 2018-01-03 | [Ag groups see trade, farm bill among top challenges in 2018 \| 2018-01-02 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/66972-ag-groups-see-trade-farm-bill-among-top-challenges-in-2018-2018-01-02-agri.md) | -0.2% | +3.2% |
| WHEAT | 2024-01-08 | [India's agricultural exports to rise despite curbs on wheat, rice, sugar - minister](https://feedsoft.ai/events/32106-india-s-agricultural-exports-to-rise-despite-curbs-on-wheat-rice-sugar-minister.md) | -2.5% | -2.2% |
| WHEAT | 2017-06-12 | [How the World's Farmers Went to Work for China](https://feedsoft.ai/events/70350-how-the-world-s-farmers-went-to-work-for-china.md) | -0.5% | +0.3% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/policy/what-s-in-store-for-the-next-farm-bill-

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