Loading…
Senators Patty Murray and Maria Cantwell sent a letter to Agriculture Secretary Perdue asking for equal trade assistance for all harmed farmers and a consistent trade policy. They cited data showing Washington state received among the least aid in the first round of payments.
The request is political and has no immediate supply or demand effect. It signals ongoing debate over how trade aid is allocated.
murray.senate.govjamesNov 12, 2019After 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.
