Loading…
USDA will make special purchases of about $625 million in fruits and nuts, part of a $1.2 billion Food Purchase and Distribution Program, to aid growers hurt by retaliatory tariffs. The purchases are distributed through food assistance programs and spread over several months.
These government purchases support specialty crop growers' prices but have little bearing on feed grain or oilseed markets.
thepacker.comJennifer StraileySep 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.
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.
