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The American Farm Bureau Federation summarizes agricultural provisions of H.R. 1, which extends farm programs through 2031.
CBO estimates the House version would increase agriculture-facing program spending by $56.6 billion over fiscal 2025 to 2034, with $52.3 billion tied to farm safety net enhancements.
Extended and enhanced commodity support reduces farmer risk and can sustain production, a mild bearish factor for feed grain and oilseed prices over the medium term, while the Senate may still alter the terms.
fb.orgDaniel Munch, Samantha AyoubJun 4, 2025After 310 past bearish policy events, CORN moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.
After 369 past bearish policy events, SOY moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% 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.
