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USDA has allocated $14.5 billion for direct farmer payments in three installments. The first round pays at least $15 per acre or 50 percent of estimated payout, with a maximum rate of $150 per acre.
Payment structure affects farmer cash flow and planting incentives, a modest supply-side factor for feed grains.
politico.comRyan McCrimmon, Catherine BoudreauJul 25, 2019After 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.
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.
