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A CRS report outlines the revenue support programs under the 2018 farm bill for crop years 2019-2023, including the Marketing Assistance Loan, PLC and ARC. It explains the two-tier structure of support for grain, oilseed and pulse producers.
These programs cushion producer revenue and can keep acreage planted when prices are weak, which affects longer-run feed grain and oilseed supply, though the report itself is background.
everycrsreport.comOct 5, 2020After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 137 past neutral policy events, Wheat (SRW) moved a median -0.4% over 5 sessions (43% higher; middle half -1.9% to +1.2%), and +0.3% 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.
