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The SD Corn Growers Association on the Farm Bill Extension and Economic Assistance for Producers

The South Dakota Corn Growers Association greatly appreciates the inclusion of a farm bill extension as well as around $10 billion in 2024 economic assistance for producers with the short-term continuing resolution to fund the federal government. Input prices have generally been increasing, including relatively recent spikes in fertilizer costs. We also note that targeting these dollars to those that bear risk, is strongly supported by our members.

Finally, we thank our Congressional delegation and U.S. House of Representatives Speaker Mike Johnson (R-LA) for the inclusion of a fix to allow the sale nationwide, year-round of E15. This is great for consumers’ pocketbooks and a win for the environment, as E15 burns cleaner than other fuel options. South Dakota farmers have great ability to help provide food, feed and fuel here in our country. If anything has become apparent from “black swan” events such as Covid and Ukraine, it is that if we can produce energy and food here in the U.S., we should do so. We support the funding bill package and urge Congress to quickly pass this important legislation.

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2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?

Video: 2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?


Despite a Super Strong El Nino the early South American soybean planting pace is ahead of schedule.
The long-term forecast looks dry for the North but wet for the South including Argentina.
China bought 1.5 mmt of U.S. soybeans this week with rumors of 2 mmt and now at 68% of 25 mmt commitment.
The question mark remains the Chinese pledge towards the $17 billion in ag purchases.
NOPA weekly crush report was lower than expected. Another hot U.S. wholesale inflation print this week.
Investors rotating out of AI
Weak U.S. pork demand weighing on hogs
+ CFTC.