Farmers Press Lawmakers on Farm Bill

With less than 20 days left on the legislative calendar, farmers and ranchers are anxious for lawmakers to finalize the farm bill before the start of the new year—and a new Congress. If the bill doesn’t get done, Congress, including a House with new leadership, will have to start from scratch.

 

“The leadership of both the House and Senate Agriculture committees have worked overtime this year to deliver a new farm bill, and now it’s time to get it across the finish line before the clock runs out. Farmers and ranchers cannot afford that kind of delay, especially with so many struggling to hang on and unable to make plans for the next season with a massive cloud of uncertainty hovering overhead,” American Farm Bureau Federation President Zippy Duvall said in his recent Zipline column.

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.