Loading…
USDA is seeking public comment on how to implement Section 22007 of the Inflation Reduction Act, which appropriates $2.2 billion for producers who faced discrimination in USDA farm lending programs. Secretary Tom Vilsack framed the effort as part of USDA's equity commitments.
The discrimination-relief provision is a policy step that does not move feed supply or demand in a measurable way. It mainly affects the eligibility and payment process for certain farmers.
usda.govOct 13, 2022After 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.
