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The House approved the five-year farm bill 224-200, authorizing subsidy and nutrition programs through fiscal 2031. The CBO estimated the earlier version would add $162 million in mandatory spending over six years.
House passage moves the farm bill closer to enactment, lowering policy uncertainty for US agriculture, though the modest spending changes have little direct price impact.
agriculture.comSuccessful FarmingMay 1, 2026After 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.
