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The Bipartisan Budget Act of 2018 (P.L. 115-123) was passed by Congress on February 9, 2018, and includes $3.6 billion in FY2018 disaster assistance and $1.4 billion added to the 10-year farm bill baseline.
It also extends sequestration by two years and revises several agricultural programs, including dairy and cotton provisions.
Disaster aid and dairy margin changes can support producer herd and milk output decisions, while the cotton PLC change affects cotton planting and cottonseed meal supply. The impact on grain and feed prices is limited.
everycrsreport.com16 feb 2018Tras 93 eventos neutral de política pasados, Leche (Clase III) se movió una mediana de -0,0 % en 5 sesiones (48% al alza; mitad central entre -0,6 % y +0,6 %), y +0,2 % en 20.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
