
Senate farm bill talks continue after the draft was released, and Chairman Boozman plans a vote before August. Grassley says the draft excludes Proposition 12 relief and a permanent year-round E15 sales provision.
A proposed $11 billion aid package adds pressure on negotiations.
Year-round E15 would support corn ethanol demand, so its exclusion removes a potential demand boost. Timing of the farm bill and aid remains uncertain, so near-term price impact is limited.
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.