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An Environmental Working Group analysis found Trump-era Market Facilitation Program and CFAP farm aid payments reached residents of wealthy ZIP codes, including a Mar-a-Lago neighbor. The report focuses on who received the disaster payments rather than on production or markets.
The story concerns past aid distribution and political scrutiny, with no meaningful effect on current feed supply, demand or prices.
ewg.orgEve Devens (EWG) Jared Hayes (EWGFeb 7, 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.
