
DTN's year-end review describes how the Biden administration reversed many Trump-era agricultural policies, including trade, pesticide rules, Waters of the United States, the Renewable Fuels Standard and farm aid. It notes that the US did not rejoin the Trans-Pacific Partnership.
Shifts in trade and biofuel policy alter export access and domestic demand for grains and oilseeds over time, though this review describes past changes rather than new actions.
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, 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.