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A Congressional Research Service report on the 2014 farm bill shows a 59% projected jump in farm subsidy payments, while food stamp spending is expected to fall 7%, or $26 billion over the bill's life. The bill costs about $100 billion per year.
Higher projected subsidy payments support farm incomes and could sustain production, but the overall effect on feed commodity prices is modest.
journalistsresource.orgDavid TrillingJun 2, 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, SOY 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 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.
