
USDA Deputy Secretary Stephen Censky says the Coronavirus Food Assistance Program sign-up deadline has been extended to September 11 and that less than half of the program's funds were committed as of early August. He adds that USDA just received $14 billion from the CCC, with its use still undetermined, and that no 2020 Market Facilitation Program payments are expected.
Continued federal aid supports farm incomes and production, which is mildly bearish for grain prices over time. The lack of new trade-related payments removes one source of support for farm margins.
Setelah 1.623 peristiwa kebijakan sebelumnya, Jagung bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -1,4% sampai +1,5%), dan +0,4% selama 20 sesi.
Setelah 1.905 peristiwa kebijakan sebelumnya, Kedelai bergerak median +0,1% selama 5 sesi (52% lebih tinggi; separuh tengah -1,4% sampai +1,8%), dan +0,2% selama 20 sesi.
Setelah 1.019 peristiwa kebijakan sebelumnya, Gandum (SRW) bergerak median -0,1% selama 5 sesi (49% lebih tinggi; separuh tengah -1,7% sampai +1,5%), dan +0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.