
The House Agriculture Committee began marking up its farm bill 2.0 amid partisan disputes over tariffs, ethanol, pesticides, and nutrition. Chairman Thompson defended the process while Democrats said only 10% of their priorities were included.
Political gridlock before midterms makes passage uncertain, so ethanol and biofuel provisions remain unresolved for corn and soybean oil demand.
After 439 past neutral policy events, CORN moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 196 past neutral policy events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% 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.