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USDA released a fact sheet describing its activities to support the federal COVID-19 response, including deploying 1,545 disaster and public health specialists. It frames the work around the Biden administration's National Strategy for the COVID-19 Response and Pandemic Preparedness.
This is a public health administrative update with no direct supply, demand or price mechanism for feed commodities.
usda.govMay 12, 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.
