An Ohio State farm policy summary outlines the House reconciliation bill's farm bill provisions, including SNAP cost-share changes and reference price adjustments. The House passed the bill May 22, 2025, after the committee cut $230 billion in spending.
Reference price and program changes shape future planting and support levels for major feed crops, but the near-term market effect is limited pending Senate action.
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.