Loading…
Farm bill discussions face large congressional turnover and potentially the most expensive farm bill ever, according to National Cotton Council remarks. House and Senate committees will hold field hearings through 2022 on the 2018 law's commodity title.
Legislative uncertainty about future commodity supports is a long-run factor rather than a near-term price driver for feed grains.
farmprogress.comBrad HaireMar 16, 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.
