
The US House passed the One Big Beautiful Bill Act 215-214, which funds farm commodity programs and crop insurance and is offset by a $285.7 billion cut to SNAP. The bill now moves to the Senate, where it could be significantly changed.
Passage advances higher farm program support that could sustain production incentives, while the Senate's changes remain uncertain and the price impact is gradual.
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 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% 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.