
The American Soybean Association chairman told a Senate agriculture committee that new tariff threats put export access at risk. He also cited undersized renewable volume obligations and uncertainty over the 45Z tax credit.
Farm income is under pressure from low commodity prices and high input costs.
Tariff threats against major buyers could reduce soybean export demand and weigh on prices. Policy uncertainty over biofuel volumes also clouds the outlook for domestic crush demand.
After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% 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.