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Democrats won control of both chambers of Congress after flipping at least four Senate seats, including Iowa's seat previously held by Joni Ernst. The 2018 farm bill's last extension expired Sept.
30, and an $8 billion diesel aid package and tariff authority now fall under the new majority. Committee leadership is set to change hands.
A new Congress could reshape the farm bill, trade authority and tariff policy that affect U.S. feed grain and oilseed exports. Changes in these areas would influence future feed ingredient supply and prices, although the impact will take time to materialize.
agribusinesswire.comGrace KimNov 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.
