
An opinion piece argues that the next farm bill should raise commodity reference prices and increase payment limits to account for inflation. It uses an Iowa corn-soybean farm model projecting 2025 corn at $4.30 and soybeans at $10.46 per bushel, with losses even after assistance.
The authors also say payment limits should be eliminated.
Support levels could sustain US planted acreage for corn and soybeans, but the proposal is advocacy about future policy and does not move current prices.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% 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.