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US Ag Secretary Tom Vilsack To Serve Second Term

By , Farms.com

The U.S. Department of Agriculture and White House officials announce that Tom Vilsack will be staying on as Agriculture Secretary for a second term under President Obama.

Vilsack is a former Iowa Governor and will likely be spending the next several months lobbying Congress to pass the five-year $500 billion Farm Bill.

"The secretary has been made aware that the president would like him to continue to serve," Matt Paul, USDA's director of communications, said.


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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.