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IL Corn Joins Over 300 Ag Groups in Washington to Advocate for New Farm Bill

By Haley Bickelhaupt

With Congress back in session, farmers and association leaders advocated for a farm bill, this week, in Washington D.C.

On Monday, over 300 agricultural groups sent a letter to House and Senate leadership requesting new legislation by the end of the year. The current farm bill expires September 30, 2024, and an extension is being negotiated. However, approaching elections have created road blocks,  heightening political dynamics and increasing partisan divides.

To raise awareness for a farm bill, IL Corn participated in the National Corn Growers Association September fly-in and met with members of the House Agriculture Committee. The groups highlighted the importance of the bill considering economic struggles farmers are facing in the Midwest.

“It is critical that Congress pass a new farm bill that strengthens the safety net as many producers are facing multiple years of not being profitable and this is causing their overall financial situation to deteriorate,” the letter said.

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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.