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All Ag News reports that federal ag support, which has averaged nearly $20 billion a year since 2018, is not expected to continue in 2022. It cites a FarmDoc Daily analysis noting improved grain crop prices but record-high input costs.
The article says the debate will shape the next Farm Bill and federal budgets.
Lower federal payments combined with high input costs could pressure farm margins and affect farmers' feed purchasing decisions.
allagnews.comRyan CroweJan 4, 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.
