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Politico reports that USDA's $12 billion trade aid provides only limited relief from retaliatory tariffs, and several farm sectors call it meager. The department plans a second round of aid around early December, described as a one-year temporary stopgap.
Weak farm income outlook for 2019 suggests reduced acreage flexibility and tighter credit for producers, which can cap feed demand growth and pressure soybean and sorghum values.
politico.comRyan McCrimmonOct 23, 2018After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
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.
