Loading…
House Agriculture subcommittee chairman Rick Crawford opened a hearing on commodity policy for cotton, rice, peanut, canola and sugar as part of 2018 farm bill deliberations. He said commodity prices have been low for several years and net farm income has fallen 50% in four years.
Farm bill debate over commodity support shapes future planting incentives and safety-net payments, but no immediate change to supply or demand is enacted, so price impact is limited.
agriculture.house.govApr 4, 2017After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
Not enough comparable past events yet for a historical read.
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.
