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USDA Secretary Sonny Perdue announced further details of a $16 billion package supporting farmers hit by retaliatory tariffs. The program includes the Market Facilitation Program, Food Purchase and Distribution Program, and Agricultural Trade Promotion Program.
Direct aid cushions farm income and may influence planting and marketing decisions, with limited direct price pressure on feed grains and soybean meal.
usda.govJul 25, 2019After 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 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.
Not enough comparable past events yet for a historical read.
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.
