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Section 752 of the 2018 Omnibus creates a pilot program letting USDA recalculate ARC payments so that producers receiving lower checks can get supplemental payments. The article says ARC and PLC programs have cost far more than projected.
Extra farm subsidies can keep acreage in production and sustain supply, but the effect on feed commodity prices is modest.
taxpayer.netTCSMar 27, 2018After 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.
