Loading…
An AgAmerica explainer describes the 2018 Farm Bill, signed December 20, 2018, as an $867 billion law where about 80 percent funds SNAP. It highlights farm stress assistance funding, beginning farmer programs and hemp legalization.
The explainer offers background on farm policy but does not describe a new supply or demand change, so it has little direct effect on feed commodity prices.
agamerica.comDonya-Faye WixOct 2, 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.
