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Analysts at the University of Illinois and Ohio State examined a proposed 4% cap on farmer-paid crop insurance premiums as a share of liability. They argue that current insurance design already gives higher per-acre support to higher-risk areas.
They question whether further premium support is justified.
Changes to premium subsidies would affect how widely farmers use crop insurance and could shift acreage risk management, but the proposal is not yet law and has limited direct price impact.
farmdocdaily.illinois.eduLee BynumJun 27, 2023After 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.
