Loading…
DTN's Washington Insider reports that Senate Finance Committee members remain confused about the Trump administration's trade strategy after briefings from trade adviser Peter Navarro and others. Senate Agriculture Chairman Pat Roberts stressed the need for strong export markets, noting USDA forecasts a fourth year of falling net farm income.
Uncertainty over US trade policy keeps export demand for farm goods in question. The briefing itself has no immediate price impact, but it signals continued policy risk for grain exports.
dtnpf.comDTN's Washington InsiderFeb 17, 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.
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.
