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Farm leaders at Minnesota Farmfest discussed priorities for the next farm bill, which is about two years away. Topics included crop insurance as the core safety net, calls for disaster assistance, and voluntary conservation programs.
Future farm policy shapes long-term acreage and risk management, but it has no near-term price impact on feed commodities.
agweek.comMichelle RookAug 8, 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, SOY 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 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.
