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The Senate Agriculture Committee held a hearing titled 'Certainty in Global Markets for the U.S. Agriculture Sector' covering USMCA, ongoing China trade negotiations, and the administration's second round of trade mitigation payments. Chairman Pat Roberts voiced concern about tariffs as a policy tool.
Clarity on USMCA ratification and China talks, plus additional farm aid, shapes export expectations and farmer liquidity for feed grains and oilseeds, though a hearing alone is unlikely to move prices.
farmpolicynews.illinois.eduKeith GoodJun 16, 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.
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.
