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House Agriculture Committee briefings featuring trade expert John Gilliland and former RMA head Brandon Willis rebutted Heritage Foundation proposals to eliminate US farm safety nets. The experts argued that U.S. tariffs are low, with a simple average bound rate of 4.8%, while other countries support their farmers more heavily.
The debate affects the long-term durability of US crop insurance and support programs, which influences planted acreage over time. It carries no direct near-term price impact for feed commodities.
farmpolicyfacts.orgFarm Policy FactsFeb 2, 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.
