
Seed World interviews ASTA's Janae Brady on the 2023 Farm Bill, which expires September 30, 2023, and explains that legislative discussion and oversight begin soon after each bill passes. Brady notes that staff are already considering what to change in the next bill.
The article is an explainer on the process and budget questions.
The piece offers background on farm bill timing but reports no new policy decision, so it has no direct supply, demand or price implication for feed markets.
After 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.