
Illinois Farm Bureau president and hog farmer Brian Duncan discussed farm economics in an interview, citing a 40 to 60% drop in corn and soybean prices and uncertainty over the farm bill and Federal Reserve rate decisions. He noted that weather is currently good.
Lower crop prices and high input costs pressure farm margins, while expected Fed rate decisions could influence currency and financing conditions for feed commodities.
After 301 past bearish macro events, Corn moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% over 20.
After 273 past bearish macro events, Soybeans moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.4%), and -0.5% 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.