Loading…
Federal aid checks are starting to reach farmers as part of a roughly billion-dollar bailout tied to trade disputes with China. Corn growers estimate losses of 44 cents per bushel but expect only about one cent per bushel in aid.
Growers warn the payments may not be enough and could affect voting in the November election.
Aid cushions farm cash flow, which can keep acreage and sales in place, but it does not restore export demand lost to Chinese tariffs. Corn's small payout relative to estimated losses highlights ongoing trade pressure on prices.
pbs.orgJuliet Linderman, Associated PressSep 23, 2018After 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.
