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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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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.