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The National Sustainable Agriculture Coalition analyzes the conservation and debt relief provisions in the House and Senate agriculture portions of the budget reconciliation bill. It also updates the process for the Build Back Better Act and the Bipartisan Infrastructure Bill.
Conservation and climate funding in the reconciliation bill could shift farm practices and support demand for climate-smart outputs over time. Passage remains uncertain, so near-term price implications are minimal.
sustainableagriculture.netLaura ZaksOct 14, 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.
