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The USDA Economic Research Service published its 2022 U.S. Agricultural Policy Review, covering temporary weather-related assistance, changes to commodity, conservation, credit and crop insurance programs, and new climate-smart initiatives. The report reviews policy developments over the prior year.
This is a retrospective policy review with no new supply or demand shock, so it has little direct price impact for feed buyers.
ers.usda.govNov 1, 2023After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.
After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), 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.
