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Senators from both parties expressed support for Alexis Taylor, nominated to be USDA's undersecretary for trade, at a Senate Agriculture Committee hearing on September 22. Chair Debbie Stabenow hopes to hold a committee vote the following week on Taylor and two other nominees.
A confirmed trade undersecretary would shape U.S. export promotion and trade policy, but the nomination has no direct effect on feed grain prices.
agri-pulse.comBill TomsonSep 22, 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.
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.
