H.R. 2043 (119th)Bill Overview

Agricultural Commodities Price Enhancement Act

Agriculture and Food|Agriculture and Food
Cosponsors
Support
Democratic
Introduced
Mar 11, 2025
Discussions
Bill Text
Current stageCommittee

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Introduced
Committee
Floor
President
Law
Congressional Activities
01 · The brief
Plain-English summaryWhat this bill actually does

This bill raises statutory reference prices for five commodities under the Agricultural Act of 2014: wheat, corn, soybeans, peanuts, and seed cotton. The amendments increase per-unit reference prices (wheat $5.50→$6.50, corn $3.70→$4.20, soybeans $8.40→$10.00, peanuts $535→$635/ton, seed cotton $0.367→$0.45/lb), which affect commodity support program triggers and payments.

Why people may split

Debate over fiscal cost versus farm income stabilization

Watch point

Relative to its intended legislative type, this bill is a straightforward substantive amendment that changes specific statutory price figures but provides limited supporting detail.

This bill raises statutory reference prices for five commodities under the Agricultural Act of 2014: wheat, corn, soybeans, peanuts, and seed cotton.

The amendments increase per-unit reference prices (wheat $5.50→$6.50, corn $3.70→$4.20, soybeans $8.40→$10.00, peanuts $535→$635/ton, seed cotton $0.367→$0.45/lb), which affect commodity support program triggers and payments.

Passage40/100

Technically simple and beneficial to specific constituencies, but increases potential federal outlays and lacks offsets or broad compromise features.

CredibilityPartially aligned

Relative to its intended legislative type, this bill is a straightforward substantive amendment that changes specific statutory price figures but provides limited supporting detail.

Contention55/100

Debate over fiscal cost versus farm income stabilization

02 · What it does

Who stands to gain, and who may push back.

Likely benefits vs burdens50% / 50%
Likely helpedFederal agencies

These are examples from the analysis, not a ranked list of the most-affected groups.

Likely helped
  • Potential benefitIncreases potential Price Loss Coverage payments, raising farm revenue for affected commodity producers.
  • Potential benefitStrengthens the safety net, reducing producer revenue volatility and financial risk.
  • Potential benefitMay support rural economies through higher farm spending and demand for agricultural services.
Likely burdened
  • Federal agenciesRaises federal agricultural outlays relative to current reference prices.
  • Potential burdenCould incentivize expanded acreage, increasing fertilizer runoff and other environmental harms.
  • Potential burdenMay distort market signals, encouraging oversupply and longer-term price weakness.
03 · Why people split

Why the argument around this bill splits.

Debate over fiscal cost versus farm income stabilization
Progressive55%

Likely cautiously supportive if changes meaningfully help small and family farms, but concerned about broad commodity subsidy windfalls.

Will focus on whether payments are targeted and whether fiscal offsets or anti-consolidation protections exist.

Split reaction
Centrist65%

Moderately supportive on pragmatic grounds of stabilizing farm income, but wants clarity on fiscal cost and targeting.

Would seek data, budget scoring, and possible limits to prevent windfalls.

Split reaction
Conservative25%

Generally opposed due to higher government intervention and spending.

Prefers market-based risk management, targeted disaster relief, or voluntary private solutions instead of higher statutory supports.

Likely resistant
04 · Can it pass?

The path through Congress.

Introduced

Reached or meaningfully advanced

Committee

Reached or meaningfully advanced

Floor

Still ahead

President

Still ahead

Law

Still ahead

Passage likelihood40/100

Technically simple and beneficial to specific constituencies, but increases potential federal outlays and lacks offsets or broad compromise features.

Scope and complexity
24%
Scopenarrow
24%
Complexitylow
Why this could stall
  • No CBO cost estimate in text
  • Whether offsets or pay-fors will be demanded
05 · Recent votes

Recent votes on the bill.

No vote history yet

The bill has not accumulated any surfaced votes yet.

06 · Go deeper

Go deeper than the headline read.

Included on this page

Debate over fiscal cost versus farm income stabilization

Technically simple and beneficial to specific constituencies, but increases potential federal outlays and lacks offsets or broad compromise…

Unlocked analysis

Relative to its intended legislative type, this bill is a straightforward substantive amendment that changes specific statutory price figures but provides limited supporting detail.

Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.

Perspective breakdownsPassage barriersLegislative design reviewStakeholder impact map
Open full analysis