
Nebraska farmers are waiting for clarity as the Senate farm bill stalled in committee over SNAP funding disputes and Sen. Mitch McConnell's absence.
The current Senate draft is nearly 1,000 pages and the 2018 farm bill has been extended three times.
Prolonged uncertainty over farm safety-net programs can weigh on farmer sentiment and input purchasing, but it does not directly move feed commodity prices.
After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% 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.