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An article previews the 2018 farm bill and notes that the 2014 bill was two years late and authorized nearly a trillion dollars over ten years. It discusses the uncertain USDA leadership under the incoming administration.
Farm bill renegotiation is a multi-year policy process with no immediate supply or demand change for feed commodities.
thecounter.orgH. Claire BrownDec 13, 2016After 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.
After 1,905 past policy events, SOY moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 1,019 past policy events, WHEAT moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% 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.
