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Democrats won control of both the House and Senate in the midterm elections, with several Senate seats flipping in farm states that Republicans had long considered safe. Farmers and ranchers had spent the past year paying record diesel prices while waiting for a farm bill.
A Democratic-led Congress is likely to reshape the farm bill and trade policy, which could change subsidy levels and tariff direction. Near-term price effects on feed commodities are likely small until specific legislation emerges.
americanagnetwork.comCorryn La RueNov 4, 2026After 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.
