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Policy experts said Democratic gains in the 2026 midterm elections could lead Congress to negotiate changes to U.S. tariffs and the five-year farm bill. Democrats have opposed Trump’s tariffs, and market participants said tariffs on farm machinery and other products are raising farming costs.
If tariffs on farm inputs are reduced, producers could face lower machinery and other input costs, though no policy change has been enacted. The potential effect on feed-commodity prices is unclear.
hellenicshippingnews.comNov 9, 2026After 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 1,623 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 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% 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.
