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An analysis compares how a Trump or Harris presidency could affect US farmers and food policy, based on each candidate's past actions and stated goals. Analysts expect Harris to largely continue current Biden-era agricultural policy.
Differences in trade and biofuel policy between the candidates could affect future export demand and renewable fuel feedstock demand, but these remain prospective.
modernfarmer.comKathleen WillcoxAug 9, 2024After 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.
