Loading…
Lawmakers began listening sessions on the 2023 farm bill, with House Agriculture Chair GT Thompson kicking off discussions at the Pennsylvania Farm Show. The article notes the bill's 12 titles and a short timeline, with House Republican infighting raising doubts about passage.
Uncertainty over farm bill timing and content affects the outlook for federal commodity support and crop insurance, a longer-term rather than immediate price driver.
npr.orgXimena BustilloFeb 2, 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.
