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Kansas farmers say Title One farm bill price-loss programs are not functioning as a safety net because reference prices are far below production costs. Lawmakers are weighing whether to raise support levels in the new farm bill.
Low reference prices weaken the safety net for wheat and other crops, which can influence planting decisions over time but has little immediate price effect.
kcur.orgElizabeth RembertSep 29, 2023After 137 past neutral policy events, Wheat (SRW) moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), and +0.3% 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.
