Loading…
Arkansas Business reports that federal farm subsidy payments in Arkansas hit a record $828 million in 2019, nearly double 2018. Nationally, total subsidies grew from over $4 billion in 2017 to $20 billion in 2019.
Industry experts expect subsidies to decline as trade-war and crisis payments wind down.
Falling crisis-related payments could reduce producers' financial cushion, which may modestly affect planting and feed purchasing decisions. The piece is retrospective and does not signal a price move.
arkansasbusiness.comKyle MasseySep 20, 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.
