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At Commodity Classic, leaders of corn, soybean, wheat and sorghum groups said protecting crop insurance is their top farm bill priority. They also want to fix Title I safety-net payments, which were never triggered during the trade war with China, and seek more export promotion funding.
Stronger safety-net and crop insurance support could sustain planted acreage and feed grain output, but the proposals remain early and have no immediate price effect.
dtnpf.comChris ClaytonMar 13, 2023After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% 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.
