Secretary Rollins has said that farm aid is delayed while the government is shut down. On September 28th, the USDA reportedly transferred $13 billion dollars from the commodity credit corporation to Secretary Rollins’ office to fund an emergency aid package. At the cabinet meeting, Rollins said emergency payments cannot be released until the government reopens. She said once the shutdown ends, USDA will be ready with a significant program.
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Economists are also closely watching how policy decisions in Washington could influence markets moving forward. Analysts say deferred futures for corn, soybeans, and wheat suggest markets are operating near break-even levels, not at prices that would encourage expanded production.
