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Farm Aid published an explainer on the history and structure of the U.S. Farm Bill, which is renewed roughly every five years. It describes the main spending areas, including nutrition, crop insurance, conservation and commodities, and notes that the remaining 1% covers other programs.
This is background material with no new policy decision, so it has no direct effect on feed grain or protein prices.
farmaid.orgFarm AidApr 1, 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.
