
The National Farmers Union board passed a resolution calling on the White House and Congress to strengthen the farm safety net, including diverting cropland to conservation. The group said trade disputes will take decades to repair damage to markets, and USDA implementation of the 2018 farm bill was slowed by the 35-day government shutdown.
Calls for a stronger safety net and possible cropland diversion are long-term policy positions with little immediate effect on feed grain supply or prices.
After 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, SOY 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 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.