◂ Event Timeline

Jul 25, 2024POLICYUS

What to know about Project 2025’s plan for agriculture, and how it could lead to ‘real chaos’

Coverage of Project 2025's agricultural proposals describes steep logging increases, an end to federal farm environmental enforcement, and dismantling farm subsidies. The article notes that the plan is a long shot even with a Republican sweep, and that House Agriculture leadership distanced itself from it.

WHY IT MATTERS

Speculative policy proposals with low odds of enactment carry little direct price implication for feed grains or meals.

AFFECTSCORN SOY WHEAT

SOURCE
thehill.comSaul ElbeinJul 25, 2024

Price reaction & history

CORNno directional readSO FAR1d +0.3%5d -2.9%20d -4.5%

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.

Mar 28, 2017Trump ready to protect, boast about agriculture+1.9%
Jan 22, 2021Column: Biden should revisit China trade deal to weed out problem spots for U.S. agriculture+3.6%
Jan 8, 2025American Relief Act of 2025 Provides Ad Hoc Relief to Farmers While Extending Farm Bill | Center for Agricultural Law and Taxation+2.8%
Nov 18, 2024Stabenow Finally Releases Full Text of Senate Farm Bill; Here’s What It Means for Agriculture-0.1%
Jun 25, 2025NDSU report projects rising export costs for U.S. agriculture under new port fees+2.3%

SOYno directional readSO FAR1d +0.5%5d -7.4%20d -13.3%

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.

Mar 28, 2017Trump ready to protect, boast about agriculture-3.4%
Jan 22, 2021Column: Biden should revisit China trade deal to weed out problem spots for U.S. agriculture-1.2%
Jan 8, 2025American Relief Act of 2025 Provides Ad Hoc Relief to Farmers While Extending Farm Bill | Center for Agricultural Law and Taxation+5.1%
Nov 18, 2024Stabenow Finally Releases Full Text of Senate Farm Bill; Here’s What It Means for Agriculture-1.5%
Jun 25, 2025NDSU report projects rising export costs for U.S. agriculture under new port fees-2.1%

WHEATno directional readSO FAR1d -0.3%5d -5.3%20d -7.0%

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.

Mar 28, 2017Trump ready to protect, boast about agriculture+0.5%
Jan 8, 2025American Relief Act of 2025 Provides Ad Hoc Relief to Farmers While Extending Farm Bill | Center for Agricultural Law and Taxation-0.2%
Nov 18, 2024Stabenow Finally Releases Full Text of Senate Farm Bill; Here’s What It Means for Agriculture-0.6%
Sep 25, 2017What should an agricultural export promotion policy focus on?-7.1%
Jun 25, 2025NDSU report projects rising export costs for U.S. agriculture under new port fees+2.2%

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.

CORN · GP ▸

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SOY · GP ▸

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