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Farm cooperative leaders said that Democratic majorities in both chambers could change the next Farm Bill. They expect a two-year delay in SNAP benefit changes will likely be needed for a bill to pass.
Passage remains uncertain during the lame-duck session.
A stalled or delayed Farm Bill keeps current farm programs in place and leaves feed-related policy unresolved. Near-term price impact on feed ingredients is minimal.
iowaagribusinessradionetwork.comRiley SmithNov 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.
