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USDA deputy secretary Steve Censky said at the February 5 Farm Foundation Forum that the department is implementing the new farm bill, using an internal tracker to evaluate every provision. Timelines for implementation are expected in coming weeks.
Implementation details for farm programs are mostly administrative and carry little immediate supply or price effect for feed buyers.
feedstuffs.comJacqui FatkaFeb 7, 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.
