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Congressional farm bill hearings are starting as historically high commodity prices reduce the political case for expanding programs, while SNAP costs rise. December corn futures are reportedly priced near or above $5 a bushel through 2025.
Policy debate over farm supports has little immediate price effect, but the expectation of sustained high grain prices shapes long-term feed cost outlooks.
agri-pulse.comPhilip BrasherMar 16, 2022After 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.
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.
