The Administration is asking Congress for $33 billion to address food shortages caused by the war in Ukraine and to assist Ukraine. Of that total, $500 million will go toward making temporary changes to farm bill programs for the remaining two years of its authorization. Provisions include:
$400 million for higher marketing loan rates for crops typically in food aid packages – wheat, rice, pulses, soybeans, sunflower, and canola; marketing loans would be extended to 12 months from their current 9; and $100 million for crop insurance incentives at $10 per acre to incentivize double cropping soybeans planted after a winter wheat in 2023 to increase winter wheat production.
USDA’s rationale is that extend...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
