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House and Senate Agriculture Committees plan to draft language this fall for a second farm bill, sometimes called Farm Bill 2.0, which could include a trade aid package. Some Washington lobbyists doubt it can pass in 2025 or even 2026, citing high costs and partisan disputes over nutrition spending.
Nutrition accounts for more than 80% of farm bill expenditures.
Uncertainty over farm bill passage affects expectations for future farm support and the size of government payments. Passage odds are low, so the near-term price impact is minimal.
agweb.comSep 25, 2025After 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.
