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A Farm Policy Facts piece republishes an op-ed by former House Agriculture Chairman Collin Peterson defending U.S. farm policy. It argues that critics such as the Environmental Working Group misuse statistics, and that farm policy supports food security and counters foreign trade practices.
This is an advocacy argument about farm policy design, with no direct supply, demand or price consequence for feed markets.
farmpolicyfacts.orgStaffMar 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.
