Government payments to farmers have surged to historic levels under President Trump, with direct farm aid climbing from $11.5 billion in 2017 to more than $32 billion this year. The Agriculture Department is distributing the cash to offset losses from tariff disputes and the coronavirus pandemic.
Critics warn the payments are growing too fast with little congressional oversight.
Large ad hoc aid cushions farm income and can keep acreage and production high despite weak prices, which is bearish for feed grain prices over time. Policy risk of future aid cuts is a longer-term consideration for feed buyers.
Setelah 310 peristiwa kebijakan bearish sebelumnya, Jagung bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +1,9%), dan +0,6% selama 20 sesi.
Setelah 369 peristiwa kebijakan bearish sebelumnya, Kedelai bergerak median -0,2% selama 5 sesi (46% lebih tinggi; separuh tengah -1,7% sampai +1,8%), dan +0,8% 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.