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Analysts from CRS and the American Farm Bureau Federation say Price Loss Coverage reference prices favor rice and peanuts more than wheat and soybeans. A proposed reference price for cottonseed of $15.88 per hundredweight would be higher than most current program guarantees.
Debate over commodity support levels in the new farm bill could shape future planting incentives for corn, soybeans, wheat and cotton, though no immediate price effect is evident.
Not enough comparable past events yet for a historical read.
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.