Loading…
Politico reports on USDA nominee Censky, who is also CEO of the American Soybean Association, and his stated priorities. He said USDA should help farmers adapt to climate change and use research to develop crops for colder, hotter, wetter and drier conditions.
Climate adaptation priorities could shape future USDA research and crop development. The story describes nominations and policy intent, so it has no immediate price effect.
politico.comBySep 20, 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.
