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A House Agriculture subcommittee heard economists on June 9 about whether farm programs should protect margins as input costs rise. Witnesses discussed a possible margin protection program, crop insurance, and ad hoc disaster assistance.
Policy debate on margin protection signals possible future support for row crop producers but does not change current supply or demand for feed commodities.
feedstuffs.comJacqui FatkaJun 10, 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.
