
Senator Amy Klobuchar delivered an opening statement at a Senate Agriculture Committee hearing on the farm economy. She called for a bipartisan farm bill and cited high input costs and avian flu as challenges.
The hearing focused on farmer and rancher views.
Calls for a farm bill signal future policy support but do not change current supply, demand or prices. Impact on feed markets is minimal in the near term.
After 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, SOY 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 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.