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An Agri-Pulse opinion piece argues that the 2018 farm bill is zero-sum because no added funds are available. Several bills propose cutting crop insurance through reduced premium subsidies, capped indemnities or means-testing, and farm groups are urged to work together.
Possible cuts to crop insurance would change the risk protection farmers rely on, which could affect planting and marketing decisions over time. The article is commentary with no immediate price effect.
agri-pulse.comJohn GordleyOct 25, 2017After 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.
