
USDA is asking specialty-crop growers and fishermen to email data on higher fuel costs to help set Harvest Fuel Relief payment rates. The $8 billion program was announced October 19, and commodity-specific rates for Title I crops are due in November.
Fuel relief payments help producers absorb higher diesel costs, which can sustain production in specialty crops and fisheries. The grain and feed price impact is minimal.
After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% 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.