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A Farm Progress sorghum-focused column argues the next farm bill should be completed on time because farm program payments are at 25-year lows. It notes that tight budgets will constrain the agriculture committees.
Low farm payments and a constrained budget pressure producer margins, which can affect planting decisions for sorghum and other feed grains over time, though the effect is indirect.
farmprogress.comMay 2, 2017Not 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.
