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IL Corn Joins Over 530 Organizations in Push for Farm Bill

This week, the IL Corn Growers Association joined over 530 organizations in a letter to House and Senate leadership calling upon Congress to pass a bipartisan farm bill.

The letter was signed by representatives in the nutrition, agriculture, environmental and other sectors and relayed the coalition’s concerns of continued inaction.

“If Congress does not come together this year to enact a bipartisan farm bill, the legislative process will begin anew in the 119th Congress,” the letter said. “Given the significant legislative, and possibly administrative, duties of a new Congress including the seating of new leadership and committees, Senate nominations, and other essential actions during the first months of the 119th Congress, we have concerns that it may not be logistically or politically feasible to advance a new farm bill early in the next Congress.”

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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.