The Senate Agriculture Committee approved a farm bill on Sept. 16 that would delay by one year, to Oct.
1, 2028, the start of state cost-sharing for SNAP benefits. Current law starts state sharing on Oct.
1, 2027, and the bill has not passed the full Senate or become law.
The delay is a domestic food-assistance budget matter with no direct effect on feed grain, oilseed or livestock supply, demand or prices.
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, SOY 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 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.