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The updated CRS report on US farm support and WTO commitments states the US complied with amber box limits since 1995 and that large 2018 and 2019 trade aid payments raised concerns. It notes the $19.1 billion limit could be exceeded in 2019.
The same WTO compliance question could lead to trade disputes that affect US grain and oilseed export competitiveness and prices.
everycrsreport.comEvery CRS ReportNov 1, 2019After 554 past neutral policy events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 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.
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.
