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The 2018 Farm Bill's extension expired Oct. 1, 2026, and a new version has passed the House while a Senate version awaits a floor vote.
Disputes over SNAP funding and delaying changes from last year's One Big Beautiful Bill have stalled progress.
Without a renewed farm bill, crop insurance, conservation and commodity programs face uncertainty, which can affect planting decisions and feed-grain sentiment. Passage odds before the midterms are a modest factor for corn, soybean and meal prices.
kcur.orgMacy ByarsNov 2, 2026After 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.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% 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.
