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Congress Back to Work on Farm Bill Legislation

By Amanda Brodhagen, Farms.com

After a 16 day partial federal U.S. government shutdown, Congress is moving forward on business, which includes the farm bill. Talks are expected to start up again on Monday and continue for the rest of the week.

The 2008 Farm Bill extension expired Sept. 30, with no new bill currently in place. There are several different components to the bill, including crop insurance and perhaps the most contentious, food assistance - which Republicans and Democrats have yet to find a compromise.

It comes down to numbers. The Republicans advocate to cut food stamps by $40 billion, while Democrats propose a $4.5 billion cut. Let’s see if the House and Senate can reconcile its food and farm issues to draft a new Farm Bill law this week.
 


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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.