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The House Agriculture Subcommittee on General Farm Commodities and Risk Management held a hearing on how farm policy helps producers in adverse conditions. Ranking members cited low commodity prices, retaliatory tariffs from China, and natural disasters.
Continued farm safety-net support and trade aid can keep producers holding or planting acreage despite weak prices, a mild bearish influence on feed grain prices over time.
agriculture.house.govJun 20, 2019After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% 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.
