USDA Announces $500 Million for Expanded Meat & Poultry Processing Capacity as Part of Efforts to Increase Competition, Level the Playing Field for Family Farmers and Ranchers, and Build a Better Food System

After 102 past neutral policy events, Live Cattle moved a median +0.6% over 5 sessions (63% higher; middle half -0.7% to +1.2%), and +1.3% over 20.

• May 19, 2020Hoeven: USDA Releases Final Details for Direct Assistance to Farmers and Ranchers, Sign-Up to Start May 26+1.6%
• Jul 2, 2022Undersecretary listens to concerns of regional meat processors - Jamestown Sun | News, weather, sports from Jamestown North Dakota+0.3%
• Jul 2, 2020Stepping up EU action to protect and restore the world's forests | European Committee of the Regions+0.3%
• Jan 6, 2023Deforestation: proposed EU import ban may fail to protect tropical rainforests and farmers – here’s how it should work+0.0%
• Oct 30, 2024USDA to Issue More than $235 Million to Farmers Hit by Natural Disasters, Including Hurricane Milton-1.3%

After 26 past neutral policy events, Lean Hogs moved a median -0.9% over 5 sessions (38% higher; middle half -2.6% to +1.7%), and +0.2% over 20.

• Oct 6, 2021USDA’s CCC takes on big role as presidents look to fund priorities | 2021-10-05 | Agri-Pulse Communications, Inc.-2.7%
• Jan 18, 2022China: Focus on Domestic Production, as Soy, Pork Imports Fell in 2021; Corn Imports Hit Record- Meat Production Surges | Farm Policy News | Illinois+4.5%
• Dec 28, 2022NDRC in coordination with Chinese farmers to stabilise supply - European Pork | European Pork, the Smart Choice-5.4%
• Oct 11, 2018China mulls cutting protein in animal feed as soybean supply tightens | The Poultry Site-11.6%
• Dec 17, 201817 Questions and Answers on the USDA Trade Retaliation Mitigation Payments+5.4%

Not enough comparable past events yet for a historical read.