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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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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.