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Democrats won control of both congressional chambers in the November 3 midterms, shifting Washington's agricultural agenda. Analysts are doubtful a scaled-back Farm Bill can pass in the lame-duck session, and another farm aid package is uncertain.
Delayed farm bill and aid prospects keep policy uncertainty high for US producers and could affect US-Canada trade relations. The near-term market impact is small.
rfdtv.comMarion Kirkpatrick, David NelsonNov 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.
