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Senate Agriculture Chair Debbie Stabenow outlined five principles for modernizing the farm bill safety net, emphasizing crop insurance. She proposed letting all commodity groups choose area-based insurance and streamlining several programs.
Proposed changes to crop insurance and safety-net design affect farmer planting incentives over time but do not alter current supply or demand for feed ingredients.
farmprogress.comJoshua BaethgeJan 18, 2024After 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.
