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A Congressional Research Service report describes eligibility requirements and payment limits for US farm programs under the 2018 Farm Bill. It covers direct attribution rules, payment caps and income tests that apply across programs for 2019-2023.
Payment limits and eligibility rules shape how much support large operations receive, which can influence planting and marketing decisions but has little direct price effect.
everycrsreport.comApr 2, 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.
