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POLITICO reports that House Agriculture Democrats want more money for climate and disaster relief in the next farm bill after extreme weather hit farms across much of the country. The article frames these demands as a central issue in upcoming farm bill talks.
Larger disaster and climate funding would support producers after weather losses, but the effect on feed prices would only come through later program decisions.
politico.comMeredith Lee HillDec 28, 2021After 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.
