Democratic Midterm Sweep Points to Major Shifts in Food and Farm Policy

After 27 past neutral policy events, ULSD / Diesel moved a median -1.4% over 5 sessions (41% higher; middle half -4.3% to +2.6%), and -4.6% over 20.

• Apr 26, 2019Minister: Govt to intervene in event of steep palm oil, biofuel price hike | Malay Mail-1.2%
• Nov 7, 2024Indonesia targets three-year timeline for 50% biodiesel mandate-2.4%
• Apr 2, 2019IMO 2020 In-Depth: How Will the New Compliant Marine Fuels Be Valued by the Marketplace? — Ship & Bunker+3.4%
• Jul 20, 2019IMO boost so far elusive for US diesel+0.7%
• Oct 20, 2026The new $8 billion farm aid package, explained | USAFacts-0.2%

After 26 past neutral policy events, Urea moved a median -1.0% over 5 sessions (27% higher; middle half -4.1% to +0.6%), and -2.5% over 20.

• Jul 22, 2026Rollins Pushes for $11 Billion in Farm Aid as Congress Weighs Trade and Input Costs - RFD+1.9%
• Sep 6, 2022As summer ends, corn growers focus on fall policy priorities | In the News | Congresswoman Michelle Fischbach-4.7%
• Apr 14, 2023Fertiliser Security for Food Security in Southeast Asia: Going Local and Circular | FULCRUM-0.8%
• Apr 18, 2023Why stabilising the fertiliser market matters for Europe’s food industry+1.5%
• Mar 19, 2025Govt allows Indian Potash Ltd to continue urea imports till March 2026 | Mint-0.7%