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President Trump signed Executive Order 13874 on June 11, 2019, directing a modernized federal regulatory framework for agricultural biotechnology products. The order aims for science-based, timely, efficient and transparent oversight of biotech crops and animals.
Faster and more predictable approval of biotech traits could expand the supply of improved feed grains and oilseeds over time, a modest long-run bearish factor for input costs and a supportive one for productivity.
federalregister.govJun 14, 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.
