◂ Event Timeline

Feb 17, 2017POLICYUS

Lesson #2: The Farm Bill ‘Math’ is complicated and ever-changing

Agri-Pulse began a series on farm bill budgeting, explaining that bill costs are driven by Congressional Budget Office scores and that political vote counts shape what can pass. It notes growers who feel shortchanged by the 2014 bill are pressing for more money.

WHY IT MATTERS

Budget constraints determine how much support farmers receive, which affects acreage decisions over the next few seasons, but this is background analysis with no immediate price effect.

AFFECTSCorn Soybeans Wheat (SRW)

SOURCE
agri-pulse.comPhilip BrasherFeb 17, 2017

Price reaction & history

Cornno directional readSO FAR1d -0.9%5d -0.4%20d -0.2%

After 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.

Oct 25, 2017Opinion: The Zero-Sum 2018 Farm Bill | 2017-10-25 | Agri-Pulse | Agri-Pulse Communications, Inc.-1.4%
Oct 3, 2018Farm bill expiration impact varies | 2018-10-02 | Agri-Pulse | Agri-Pulse Communications, Inc.-1.7%
Jan 24, 2024Flexible and creative: The pathways to farm bill funding | Agri-Pulse Communications, Inc.-0.1%
Mar 15, 2017Ag groups urge boost in farm bill spending | 2017-03-15 | Agri-Pulse | Agri-Pulse Communications, Inc.+1.0%
Apr 18, 2018House farm bill tees up fights over funding, policy | 2018-04-18 | Agri-Pulse | Agri-Pulse Communications, Inc.-0.0%

Soybeansno directional readSO FAR1d -1.1%5d -2.9%20d -4.2%

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.

Oct 25, 2017Opinion: The Zero-Sum 2018 Farm Bill | 2017-10-25 | Agri-Pulse | Agri-Pulse Communications, Inc.-0.2%
Oct 3, 2018Farm bill expiration impact varies | 2018-10-02 | Agri-Pulse | Agri-Pulse Communications, Inc.-0.3%
Jan 24, 2024Flexible and creative: The pathways to farm bill funding | Agri-Pulse Communications, Inc.-1.7%
Mar 15, 2017Ag groups urge boost in farm bill spending | 2017-03-15 | Agri-Pulse | Agri-Pulse Communications, Inc.+1.4%
Apr 18, 2018House farm bill tees up fights over funding, policy | 2018-04-18 | Agri-Pulse | Agri-Pulse Communications, Inc.-2.3%

Wheat (SRW)no directional readSO FAR1d -0.3%5d -0.7%20d -0.1%

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.

Oct 25, 2017Opinion: The Zero-Sum 2018 Farm Bill | 2017-10-25 | Agri-Pulse | Agri-Pulse Communications, Inc.-4.5%
Oct 3, 2018Farm bill expiration impact varies | 2018-10-02 | Agri-Pulse | Agri-Pulse Communications, Inc.-2.7%
Jan 24, 2024Flexible and creative: The pathways to farm bill funding | Agri-Pulse Communications, Inc.+0.3%
Mar 15, 2017Ag groups urge boost in farm bill spending | 2017-03-15 | Agri-Pulse | Agri-Pulse Communications, Inc.-1.7%
Apr 18, 2018House farm bill tees up fights over funding, policy | 2018-04-18 | Agri-Pulse | Agri-Pulse Communications, Inc.+0.1%

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.

Corn CORN · GP ▸

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Soybeans SOY · GP ▸

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