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Agweek interviewed several House and Senate agriculture committee members from Minnesota, North Dakota and South Dakota about their goals for the next farm bill. The 2018 bill expires September 30, 2023.
Lawmakers' priorities hint at future farm safety net design, a slow-moving policy factor with little near-term effect on feed grain or meal prices.
agweek.comMichael Johnson, Jenny SchlechtFeb 18, 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.
