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House Republicans introduced H.R. 4667 on December 18, 2017, a third supplemental appropriations bill with about $81 billion in disaster aid.
It includes block grants for agricultural disasters, watershed and conservation funding, and emergency livestock assistance for 2017 hurricane and wildfire losses.
Disaster payments to farmers can ease pressure on producers to sell crops and livestock, but the funding is modest relative to crop losses and would not directly change near-term grain or feed supply.
everycrsreport.comDec 19, 2017After 102 past neutral policy events, Live Cattle moved a median +0.6% over 5 sessions (63% higher; middle half -0.7% to +1.2%), and +1.3% 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.
