Farms.com Home   News

Secretary Naig Praises Extension of Current Farm Bill, Encourages Swift Action on New Legislation

Iowa Secretary of Agriculture Mike Naig provided the following statement today after Congress passed a continuing resolution, which included a one-year extension of the current Farm Bill:

“While I am disappointed that a new Farm Bill did not pass during this Congress, a one-year extension of the current bill provides Iowa farmers with some added certainty at a time when the ag economy remains soft. We must now focus on enacting a modernized 5-year Farm Bill, and I am eager to work with the new Congress and the Trump Administration to get this priority accomplished early next year. Every title of the Farm Bill matters to Iowa. I will continue to advocate alongside the Iowa delegation for the needs of Iowa farmers, including risk management tools, trade promotion and market development, conservation resources, and support for our rural communities. Thank you to Senators Grassley and Ernst as well as Representatives Feenstra, Nunn, Hinson, and Miller-Meeks for your commitment to fighting for Iowa’s priorities in Washington.”

Source : iowaagriculture.gov

Trending Video

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.