◂ Event Timeline

Apr 26, 2023POLICYUS

The 2023 farm bill: Protecting US agriculture’s productivity, profitability and competitiveness

Iowa Representative Randy Feenstra published an op-ed calling for a strong 2023 farm bill that protects productivity, credit access and agricultural research. He cites rising costs for feed, seed and fertilizer amid record inflation.

WHY IT MATTERS

The op-ed is advocacy for policy priorities, with no direct supply or demand change for feed ingredients.

AFFECTSCorn Soybeans Wheat (SRW)

SOURCE
feenstra.house.govApr 26, 2023

Price reaction & history

Cornno directional readSO FAR1d -0.5%5d -2.1%20d -5.4%

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.

Apr 26, 2023Opening Statement: “Producer Perspectives on the 2023 Farm Bill” | House Agriculture Committee-2.1%
Dec 15, 2022NSAC’s 2023 Farm Bill Platform: Leveling the Playing Field - National Sustainable Agriculture Coalition+2.2%
Mar 23, 2026Is There a Future for the U.S. Farm Bill? - Center for Commercial Agriculture-0.3%
Jan 7, 2026Why 2026 could see the end of the Farm Bill era of American agriculture policy-3.5%
Nov 11, 2024Understanding the Commodity Credit Corporation and the Market Facilitation Program in American Agriculture | Farm Bill Law Enterprise-1.2%

Soybeansno directional readSO FAR1d -0.6%5d -0.4%20d -8.5%

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.

Apr 26, 2023Opening Statement: “Producer Perspectives on the 2023 Farm Bill” | House Agriculture Committee-0.4%
Dec 15, 2022NSAC’s 2023 Farm Bill Platform: Leveling the Playing Field - National Sustainable Agriculture Coalition-0.1%
Mar 23, 2026Is There a Future for the U.S. Farm Bill? - Center for Commercial Agriculture-0.2%
Jan 7, 2026Why 2026 could see the end of the Farm Bill era of American agriculture policy-1.8%
Nov 11, 2024Understanding the Commodity Credit Corporation and the Market Facilitation Program in American Agriculture | Farm Bill Law Enterprise-1.8%

Wheat (SRW)no directional readSO FAR1d -0.3%5d -0.1%20d -2.5%

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.

Dec 15, 2022NSAC’s 2023 Farm Bill Platform: Leveling the Playing Field - National Sustainable Agriculture Coalition-1.1%
Mar 23, 2026Is There a Future for the U.S. Farm Bill? - Center for Commercial Agriculture+0.7%
Jan 7, 2026Why 2026 could see the end of the Farm Bill era of American agriculture policy-0.2%
Nov 11, 2024Understanding the Commodity Credit Corporation and the Market Facilitation Program in American Agriculture | Farm Bill Law Enterprise-1.4%
Jul 23, 2024[2024-07-23] The Farm Bill Must Support All of Agriculture | Senate...-5.2%

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 CORN · GP ▸

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Soybeans SOY · GP ▸

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