Loading…
Economists testifying at a House Agriculture Committee hearing said farm finances will dip in 2017 for a fourth straight year, though conditions are not as severe as the 1980s. Low interest rates and firm land values are offsetting higher debt-to-asset ratios, and lawmakers signaled a focus on rural needs in the new farm bill.
Weak farm incomes can reduce input purchasing and force tighter cash management, while low prices offset by higher yields keep grain supply ample.
dtnpf.comChris ClaytonFeb 15, 2017After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.
