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The current farm bill is set to expire after the weekend with no agreement from the House-Senate conference committee. About 39 orphan programs, including a government-funded trade promotion program, lose authorization or funding tied to the 2014 law.
Their estimated mandatory spending was about $2.8 billion over five years.
Loss of export promotion funding could weaken US competitiveness in overseas markets for agricultural products, a modest bearish factor for export demand over time. The near-term price impact is small because a lame-duck deal is still expected.
cnbc.comJeff Daniels2018年9月28日在过去 1,623 次政策事件之后，玉米 在 5 个交易日内中位数变动 +0.1%（51% 上涨；中间一半区间为 -1.4% 至 +1.5%），20 个交易日内为 +0.4%。
在过去 1,905 次政策事件之后，大豆 在 5 个交易日内中位数变动 +0.1%（52% 上涨；中间一半区间为 -1.4% 至 +1.8%），20 个交易日内为 +0.2%。
在过去 1,019 次政策事件之后，小麦(SRW) 在 5 个交易日内中位数变动 -0.1%（49% 上涨；中间一半区间为 -1.7% 至 +1.5%），20 个交易日内为 +0.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
