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Congress returned for its post-election session as wheat futures remained under pressure and USDA prepared to publish its November WASDE report on November 10. Farm Bill negotiations and proposals concerning year-round E15 sales are among the agricultural priorities facing lawmakers, with disagreements over SNAP funding complicating talks.
WASDE revisions could affect grain supply expectations, while Farm Bill and E15 decisions could influence farm support and corn-based ethanol demand. The article does not establish a definite price direction from either development.
agrolatam.comMarcus EllingtonNov 9, 2026After 122 past bearish policy events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +1.2%), and +0.4% over 20.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.
