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Farm groups welcomed the new 2018 Farm Bill, which sets agricultural policy for the next five years and offers farmers more program choices and a stronger safety net. They also welcomed the second round of Market Facilitation Program payments, though they called them inadequate.
Farm groups say low prices will persist until trade disputes are resolved, so export demand remains the key price driver for feed grains and oilseeds. Subsidies cushion farm income but do not restore prices.
farmprogress.comRod SwobodaDec 31, 2018After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.
