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A Congressional Research Service report describes the commodity support provisions of the 2018 farm bill, including marketing assistance loans, Price Loss Coverage and Agricultural Risk Coverage for most grain and oilseed crops. It explains how these programs set price floors and revenue guarantees for eligible producers.
The programs cushion producer revenue and can keep acreage planted when prices fall, which affects medium-term supply. The report contains no new policy change, so it has little immediate price effect.
everycrsreport.comMay 21, 2019After 3,207 past report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,389 past report events, SOY moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.
After 2,447 past report events, WHEAT moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), 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.
