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Farm Policy Facts responds to a Washington Post editorial calling for cuts to the farm safety net, defending farm policy as a food security tool that accounts for about 0.2% of the federal budget. The piece cites Texas A&M's Bart Fischer on the history and purpose of current programs.
This is advocacy commentary on possible farm safety net cuts, with no immediate supply or demand change for feed commodities.
farmpolicyfacts.orgStaffMay 25, 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.
