March corn closed down 1/4 cents and May corn was down 1/4 cents. March soybeans closed up 1 1/4 cents and May soybeans were up 1 1/4 cents. March KC wheat closed unchanged, 0 cents, March Chicago wheat was down 3/4 cents and March Minneapolis wheat was down 3 3/4 cents.

March corn closed up 8 1/4 cents and May corn was up 8 1/4 cents. March soybeans closed up 16 3/4 cents and May soybeans were up 16 cents. March KC wheat closed up 15 1/4 cents, March Chicago wheat was up 10 3/4 cents and March Minneapolis wheat was down 3 1/4 cents.

Row crop markets ratcheted moderately higher through the first full trading week of 2026, on much higher volume compared to the Holiday weeks, as was expected to be the case. Trade was subdued on Friday, which was not surprising to see with a flurry of USDA data due out on Monday morning, which will set the tone for the first quarter of 2026 and shed light on what to expect for crop prices. Outside markets continued to be mostly positive to close the week, with equities heading higher despite a mixed December labor report, which showed weak job creation, but lower overall unemployment as compared to the prior report. Energy markets finished the week with a sharp turn higher, specifically for crude oil futures, which hit their highest mark in over a month, primarily on growing unrest in Iran, combined with the ongoing situation in Venezuela. The U.S. Dollar Index, meanwhile, is higher now in ten of the past eleven sessions, also trading to the highest level in a month. Lastly, the Supreme Court on Friday chose not to issue a ruling on the tariff case, as had been reported as a possibility through the week.

Although the fed cash cattle market has shown traders that the market's trend is most likely going to be higher, the live cattle contracts slowly traded lower through Friday's session. Bids were on the table for the fed cash cattle market, with offers of $232 live being offered in Texas, Kansas and Nebraska. So far, feedlot managers appear firm in their asking price of $235 to $237 for live cattle, and $367 or more in the North. No new trade has developed today following the light business that developed on Thursday in the North, where dressed cattle traded at mostly $365, which is $5.00 higher than the previous week's weighted average. Boxed beef prices are lower: choice down $1.55 ($355.24) and select down $0.62 ($351.44) with a movement of 86 loads (67.09 loads of choice, 4.94 loads of select, 3.90 loads of trim and 10.36 loads of ground beef).

And once again, in keeping with the same trend as the live cattle complex, the feeder cattle contracts also traded lower throughout Friday's session. And unless the live cattle complex turns higher, the feeder cattle contracts will likely stay on the lower-side too.

The lean hog complex traded mixed on Friday, as the nearby contracts dipped lower, while the far-deferred contracts traded slightly higher. Absorbing the behavior of the lean hog complex takes a mixed approach, as one could logically point to the uptick in pork cutout values and say that prices should be trading higher. However, when you look at the futures complex and note the resistance pressure the market is facing, we see there hasn't been enough widespread, stable fundamental support this week to encourage traders to challenge that technical barrier.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/09142939/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed down 1/4 cents and May corn was down 1/4 cents. March soybeans closed up 1 1/4 cents and May soybeans were up 1 1/4 cents. March KC wheat closed unchanged, 0 cents, March Chicago wheat was down 3/4 cents and March Minneapolis wheat was down 3 3/4 cents.For the Week:March corn closed up 8 1/4 cents and May corn was up 8 1/4 cents. March soybeans closed up 16 3/4 cents and May soybeans were up 16 cents. March KC wheat closed up 15 1/4 cents, March Chicago wheat was up 10 3/4 cents and March Minneapolis wheat was down 3 1/4 cents.Row crop markets ratcheted moderately higher through the first full trading week of 2026, on much higher volume compared to the Holiday weeks, as was expected to be the case. Trade was subdued on Friday, which was not surprising to see with a flurry of USDA data due out on Monday morning, which will set the tone for the first quarter of 2026 and shed light on what to expect for crop prices. Outside markets continued to be mostly positive to close the week, with equities heading higher despite a mixed December labor report, which showed weak job creation, but lower overall unemployment as compared to the prior report. Energy markets finished the week with a sharp turn higher, specifically for crude oil futures, which hit their highest mark in over a month, primarily on growing unrest in Iran, combined with the ongoing situation in Venezuela. The U.S. Dollar Index, meanwhile, is higher now in ten of the past eleven sessions, also trading to the highest level in a month. Lastly, the Supreme Court on Friday chose not to issue a ruling on the tariff case, as had been reported as a possibility through the week.LIVESTOCK:Although the fed cash cattle market has shown traders that the market's trend is most likely going to be higher, the live cattle contracts slowly traded lower through Friday's session. Bids were on the table for the fed cash cattle market, with offers of $232 live being offered in Texas, Kansas and Nebraska. So far, feedlot managers appear firm in their asking price of $235 to $237 for live cattle, and $367 or more in the North. No new trade has developed today following the light business that developed on Thursday in the North, where dressed cattle traded at mostly $365, which is $5.00 higher than the previous week's weighted average. Boxed beef prices are lower: choice down $1.55 ($355.24) and select down $0.62 ($351.44) with a movement of 86 loads (67.09 loads of choice, 4.94 loads of select, 3.90 loads of trim and 10.36 loads of ground beef).And once again, in keeping with the same trend as the live cattle complex, the feeder cattle contracts also traded lower throughout Friday's session. And unless the live cattle complex turns higher, the feeder cattle contracts will likely stay on the lower-side too.The lean hog complex traded mixed on Friday, as the nearby contracts dipped lower, while the far-deferred contracts traded slightly higher. Absorbing the behavior of the lean hog complex takes a mixed approach, as one could logically point to the uptick in pork cutout values and say that prices should be trading higher. However, when you look at the futures complex and note the resistance pressure the market is facing, we see there hasn't been enough widespread, stable fundamental support this week to encourage traders to challenge that technical barrier.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/09142939/web-closing-markets.mp3">Click HERE for audio</a>

Commodity markets daily recap

A coalition of more than 70 biofuel and agricultural organizations sent a letter to congressional leadership calling for immediate passage of legislation to allow the year-round nationwide sales of an American-made E15 fuel blend. It would benefit drivers with savings of ten to 30 cents per gallon and improve markets for American farmers. “The USDA projects a record 16.8-billion-bushel corn harvest in 2025, up roughly 13 percent from 2024, which intensifies pressure on corn prices and farm incomes,” the groups wrote.

 “Expanding E15 access is one of the most immediate and practical ways to address this imbalance.” The groups point out that when it’s fully-scaled, year-round, nationwide E15 is poised to create new domestic demand for billions of bushels of corn and sorghum, help stabilize markets, support farmers, and deliver consumer savings at the pump. The letter was led by Growth Energy, the American Farm Bureau, the National Corn Growers Association, and the Renewable Fuels Association.

A coalition of more than 70 biofuel and agricultural organizations sent a letter to congressional leadership calling for immediate passage of legislation to allow the year-round nationwide sales of an American-made E15 fuel blend. It would benefit drivers with savings of ten to 30 cents per gallon and improve markets for American farmers. “The USDA projects a record 16.8-billion-bushel corn harvest in 2025, up roughly 13 percent from 2024, which intensifies pressure on corn prices and farm incomes,” the groups wrote. “Expanding E15 access is one of the most immediate and practical ways to address this imbalance.” The groups point out that when it’s fully-scaled, year-round, nationwide E15 is poised to create new domestic demand for billions of bushels of corn and sorghum, help stabilize markets, support farmers, and deliver consumer savings at the pump. The letter was led by Growth Energy, the American Farm Bureau, the National Corn Growers Association, and the Renewable Fuels Association.-NAFB

Groups continue pushing for year-round E15

Agricultural economists are predicting that the slide in the U.S. farm economy will stop in the new year. However, an indepentdent report said that doesn’t mean the ag economy will be whole again. The December Ag Economists’ Monthly Monitor showed monthly sentiment is getting stronger, but there are challenges remaining, especially in the row crop sector. AgWeb said there’s “cautious optimism,” but most economists don’t believe that 2026 will usher in a strong rebound without relief from the high costs of inputs or stronger commodity demand in other markets. 

Fifty-four percent of the economists surveyed, said the economy is better than a month ago. Compared to last year, 42 percent say conditions are worse, and 33 percent say things are better. Looking ahead to the next year, 46 percent expect conditions won’t change, 38 percent expect things to improve, and 15 percent expect economic conditions to get worse. 

Agricultural economists are predicting that the slide in the U.S. farm economy will stop in the new year. However, an indepentdent report said that doesn’t mean the ag economy will be whole again. The December Ag Economists’ Monthly Monitor showed monthly sentiment is getting stronger, but there are challenges remaining, especially in the row crop sector. AgWeb said there’s “cautious optimism,” but most economists don’t believe that 2026 will usher in a strong rebound without relief from the high costs of inputs or stronger commodity demand in other markets. Fifty-four percent of the economists surveyed, said the economy is better than a month ago. Compared to last year, 42 percent say conditions are worse, and 33 percent say things are better. Looking ahead to the next year, 46 percent expect conditions won’t change, 38 percent expect things to improve, and 15 percent expect economic conditions to get worse. -NAFB

Economists predict the farm economy will stabilize in 2026

March corn closed down 3/4 cents and May corn was unchanged. March soybeans closed down 5 3/4 cents and May soybeans were down 5 1/2 cents. March KC wheat closed down 1 1/4 cents, March Chicago wheat was unchanged, March Minneapolis wheat was up 3/4 cents.

Row-crop markets were choppy in quiet action Thursday, with traders clearly not wanting to get ahead of themselves to the bullish side with USDA input due out next Monday morning. Outside markets were again mixed influence on agriculture prices on Thursday, with higher energy futures but also a higher U.S. Dollar Index for the ninth time in the past ten sessions potentially taking some wind out of the wheat markets sails with a high degree of world competition to begin 2026. In macroeconomic news, reports are that the Supreme Court could potentially issue a ruling on the legality of the Trump administration's tariff efforts. The U.S. trade deficit of $29.4 billion for October was reported as a 16-year low on Thursday by the U.S. Census Bureau.

The live cattle complex traded mixed into Thursday's noon hour and traders reluctantly pushed the entire complex higher, but weren't exactly willing to do so in the nearby contracts until late in the session, as they wait to see what's going to develop fundamentally this week. Still no cash cattle trade has developed, but a single bid is currently on the table in Nebraska at $228. Asking prices are noted at $235 to $238 in the South but are still not clearly established in the North. Trade could begin to develop at any point in time now. Boxed beef prices are higher: choice up $2.42 ($356.70) and select up $2.47 ($351.75) with a movement of 115 loads (73.63 loads of choice, 12.35 loads of select, 4.07 loads of trim and 24.51 loads of ground beef).

The feeder cattle complex was trading in the exact opposite direction of the live cattle complex, as most of its nearby contracts were trading higher, but the deferred months (from August 2026 onward) were trading lower for the bulk of the session, but managed to finish fully higher. Demand in the countryside remains strong as buyers are busying filling orders, as the market was quiet over the last two weeks.

Seeming to be a bit braver today, the lean hog complex traded higher into Thursday's closing bell, despite technical pressure still being a barrier and pork demand still pulling the cutout value lower. The real test will come Friday, and whether or not traders can keep the contracts higher through the the close with minimal fundamental support.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/08141431/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed down 3/4 cents and May corn was unchanged. March soybeans closed down 5 3/4 cents and May soybeans were down 5 1/2 cents. March KC wheat closed down 1 1/4 cents, March Chicago wheat was unchanged, March Minneapolis wheat was up 3/4 cents.Row-crop markets were choppy in quiet action Thursday, with traders clearly not wanting to get ahead of themselves to the bullish side with USDA input due out next Monday morning. Outside markets were again mixed influence on agriculture prices on Thursday, with higher energy futures but also a higher U.S. Dollar Index for the ninth time in the past ten sessions potentially taking some wind out of the wheat markets sails with a high degree of world competition to begin 2026. In macroeconomic news, reports are that the Supreme Court could potentially issue a ruling on the legality of the Trump administration's tariff efforts. The U.S. trade deficit of $29.4 billion for October was reported as a 16-year low on Thursday by the U.S. Census Bureau.LIVESTOCK:The live cattle complex traded mixed into Thursday's noon hour and traders reluctantly pushed the entire complex higher, but weren't exactly willing to do so in the nearby contracts until late in the session, as they wait to see what's going to develop fundamentally this week. Still no cash cattle trade has developed, but a single bid is currently on the table in Nebraska at $228. Asking prices are noted at $235 to $238 in the South but are still not clearly established in the North. Trade could begin to develop at any point in time now. Boxed beef prices are higher: choice up $2.42 ($356.70) and select up $2.47 ($351.75) with a movement of 115 loads (73.63 loads of choice, 12.35 loads of select, 4.07 loads of trim and 24.51 loads of ground beef).The feeder cattle complex was trading in the exact opposite direction of the live cattle complex, as most of its nearby contracts were trading higher, but the deferred months (from August 2026 onward) were trading lower for the bulk of the session, but managed to finish fully higher. Demand in the countryside remains strong as buyers are busying filling orders, as the market was quiet over the last two weeks.Seeming to be a bit braver today, the lean hog complex traded higher into Thursday's closing bell, despite technical pressure still being a barrier and pork demand still pulling the cutout value lower. The real test will come Friday, and whether or not traders can keep the contracts higher through the the close with minimal fundamental support.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/08141431/web-closing-markets.mp3">Click HERE for audio</a>

Sinograin, China’s state-run commodity buyer, recently bought ten U.S. soybean cargoes. Three traders told Reuters that the world’s biggest buyer of soybeans is continuing to purchase the commodity from the United States following a late October trade truce. ‘The cargoes total almost 600,000 metric tons and will be shipped between March and May,” Reports said. “That timeframe happens to also be the peak season for Brazil, a rival supplier of the U.S.” 

The total amount of soybeans China has bought from the U.S. is estimated between 8.5 million and almost ten million tons. That number represents almost 80 percent of the 12 million metric tons that U.S. Treasury Secretary Scott Bessent said China had promised to purchase by February 28. In late November, reports cited a shipping schedule saying two cargoes would carry the first soybean shipments since May. However, those cargoes haven’t arrived yet as they aren’t on the customs website.

Sinograin, China’s state-run commodity buyer, recently bought ten U.S. soybean cargoes. Three traders told Reuters that the world’s biggest buyer of soybeans is continuing to purchase the commodity from the United States following a late October trade truce. ‘The cargoes total almost 600,000 metric tons and will be shipped between March and May,” Reports said. “That timeframe happens to also be the peak season for Brazil, a rival supplier of the U.S.” The total amount of soybeans China has bought from the U.S. is estimated between 8.5 million and almost ten million tons. That number represents almost 80 percent of the 12 million metric tons that U.S. Treasury Secretary Scott Bessent said China had promised to purchase by February 28. In late November, reports cited a shipping schedule saying two cargoes would carry the first soybean shipments since May. However, those cargoes haven’t arrived yet as they aren’t on the customs website.-NAFB

China buys ten million tons of U.S. soybeans

The total demand for U.S. ethanol has grown steadily since 2016. The blend rate, ethanol’s percentage of finished motor gasoline volume, is one indicator of gasoline blenders’ demand for ethanol in vehicle fuel. March 2025 data showed the U.S. average blend rate was 10.1 percent, the ninth-consecutive month above the implied minimum federal blend rate of ten percent. The 12-month moving average blend rate stood at 10.2 percent. 

The average blend rate has largely been at ten percent or higher since 2020. Increasing blend rates have helped maintain domestic ethanol consumption at a steady level despite reduced demand for finished motor gasoline. Since 2023, international demand for ethanol has steadily risen and provided additional support for U.S. ethanol fuel production. Elevated blend rates and rising ethanol exports both support growing demand for corn. To meet the March 2025 demand for fuel ethanol required about 465 million bushels of corn, a 60 million bushel increase over the monthly demand from ten years ago.

The total demand for U.S. ethanol has grown steadily since 2016. The blend rate, ethanol’s percentage of finished motor gasoline volume, is one indicator of gasoline blenders’ demand for ethanol in vehicle fuel. March 2025 data showed the U.S. average blend rate was 10.1 percent, the ninth-consecutive month above the implied minimum federal blend rate of ten percent. The 12-month moving average blend rate stood at 10.2 percent. The average blend rate has largely been at ten percent or higher since 2020. Increasing blend rates have helped maintain domestic ethanol consumption at a steady level despite reduced demand for finished motor gasoline. Since 2023, international demand for ethanol has steadily risen and provided additional support for U.S. ethanol fuel production. Elevated blend rates and rising ethanol exports both support growing demand for corn. To meet the March 2025 demand for fuel ethanol required about 465 million bushels of corn, a 60 million bushel increase over the monthly demand from ten years ago.-NAFB

U.S. ethanol blend rate continues climbing

The Great Plains Growers Conference returns to return to St. Joseph this week, offering a three-day event dedicated to farming, community, and the stewardship of the land. 

The 2026 conference will be held from Jan. 8–10 on the campus of Missouri Western State University.

The program begins Thursday, Jan. 8, with a series of full-day workshops. These include CSA School, Small Farm Livestock management, and FSMA Training via the Produce Safety Alliance Growers Training Course. The sessions are designed to provide deep dives into foundational agricultural practices and safety regulations.

A highlight of this year’s event is the keynote address by Curtis Millsap, owner of Millsap Farms in Springfield, Missouri. His presentation, titled “Farming as a Sacred Trust: Building Community at the Intersection of Land, Food &amp; People,” will anchor the conference's mission of connecting sustainable agriculture with community well-being.

Following the workshops, Friday and Saturday will feature a diverse array of specialized conference tracks.

Registration for the 2026 conference is currently open. For more information or to sign up, you can contact the Buchanan County Extension at (816) 279-1691.

<figure>
 <img src="https://media.eaglewebservices.com/public/2025/10/1760734943447.jpg" alt="Image Pixaby" />
 <figcaption>Image Pixaby</figcaption>
 </figure>By RYAN SKAITHThe Great Plains Growers Conference returns to return to St. Joseph this week, offering a three-day event dedicated to farming, community, and the stewardship of the land. The 2026 conference will be held from Jan. 8–10 on the campus of Missouri Western State University.The program begins Thursday, Jan. 8, with a series of full-day workshops. These include CSA School, Small Farm Livestock management, and FSMA Training via the Produce Safety Alliance Growers Training Course. The sessions are designed to provide deep dives into foundational agricultural practices and safety regulations.A highlight of this year’s event is the keynote address by Curtis Millsap, owner of Millsap Farms in Springfield, Missouri. His presentation, titled “Farming as a Sacred Trust: Building Community at the Intersection of Land, Food &amp; People,” will anchor the conference's mission of connecting sustainable agriculture with community well-being.Following the workshops, Friday and Saturday will feature a diverse array of specialized conference tracks.<ul>
 <li>Friday, Jan. 9: Sessions will cover Tree Fruit, Vegetable Production, Business Development and Marketing, Diversified Ag Equipment, and the SARE Farmer Forum.</li><li>Saturday, Jan. 10: The focus shifts to Small Fruit, Cut Flowers, Integrated Pest Management, High Tunnel Production, and Organic/Regenerative Agriculture.</li>
 </ul>Registration for the 2026 conference is currently open. For more information or to sign up, you can contact the Buchanan County Extension at (816) 279-1691.

Great Plains Growers Conference returns to St. Joseph with focus on stewardship and community

March corn closed up 2 3/4 cents and May corn was up 2 3/4 cents. March soybeans closed up 10 3/4 cents and May soybeans were up 10 3/4 cents. March KC wheat closed up 10 cents, March Chicago wheat was up 7 1/2 cents, March Minneapolis wheat was up 3 1/4 cents.

Row-crop futures recovered from a shaky Tuesday session to trader higher again Wednesday on a mix of technically influenced buying as well as perceived risk for the U.S. winter wheat crop amid well-above average temperatures for early January. Outside markets for Wednesday saw mixed equities, with the Dow Jones lower on profit-taking following a record setting run to start the week. Energy markets have moved lower over the past two sessions on President Trump's announcement that Venezuela will sell 50 million barrels of crude oil to the U.S. at market price, while Wednesday's Petroleum Status report showed U.S. crude oil stocks to already be 3% larger than the same point in 2024.

Traders continued to let the live cattle contracts trade in a moderately lower manner as the market needs to see more immediate fundamental support before traders will feel confident trading the contracts any higher. But even with the market's slight regression, the live cattle contracts are still currently trading above the market's 100-day moving average. A single bid of $232 is currently on the table in Kansas, but no trade has developed yet. Asking prices are firm in the South at $235 to $237, but are still not established in the North. Boxed beef prices are mixed: choice up $1.22 ($352.47) and select down $0.31 ($350.77) with a movement of 87 loads (63.12 loads of choice, 6.90 loads of select, 4.01 loads of trim and 13.04 loads of ground beef).

The feeder cattle complex also traded lower, seeming to simply follow the direction of the live cattle complex. Today's lower action is a technical decision, not a good representation of what's transpiring in the countryside, as feeder cattle prices were on fire both on Monday and Tuesday.

Although midday pork cutout values were a tick higher, the lean hog complex still traded lower as traders yearn to see more fundamental support. The market is running into some resistance pressure that is binding its upward momentum, and until something substantial develops fundamentally, the market could be pressured to trade sideways, if not somewhat lower.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/07141004/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed up 2 3/4 cents and May corn was up 2 3/4 cents. March soybeans closed up 10 3/4 cents and May soybeans were up 10 3/4 cents. March KC wheat closed up 10 cents, March Chicago wheat was up 7 1/2 cents, March Minneapolis wheat was up 3 1/4 cents.Row-crop futures recovered from a shaky Tuesday session to trader higher again Wednesday on a mix of technically influenced buying as well as perceived risk for the U.S. winter wheat crop amid well-above average temperatures for early January. Outside markets for Wednesday saw mixed equities, with the Dow Jones lower on profit-taking following a record setting run to start the week. Energy markets have moved lower over the past two sessions on President Trump's announcement that Venezuela will sell 50 million barrels of crude oil to the U.S. at market price, while Wednesday's Petroleum Status report showed U.S. crude oil stocks to already be 3% larger than the same point in 2024.LIVESTOCK:Traders continued to let the live cattle contracts trade in a moderately lower manner as the market needs to see more immediate fundamental support before traders will feel confident trading the contracts any higher. But even with the market's slight regression, the live cattle contracts are still currently trading above the market's 100-day moving average. A single bid of $232 is currently on the table in Kansas, but no trade has developed yet. Asking prices are firm in the South at $235 to $237, but are still not established in the North. Boxed beef prices are mixed: choice up $1.22 ($352.47) and select down $0.31 ($350.77) with a movement of 87 loads (63.12 loads of choice, 6.90 loads of select, 4.01 loads of trim and 13.04 loads of ground beef).The feeder cattle complex also traded lower, seeming to simply follow the direction of the live cattle complex. Today's lower action is a technical decision, not a good representation of what's transpiring in the countryside, as feeder cattle prices were on fire both on Monday and Tuesday.Although midday pork cutout values were a tick higher, the lean hog complex still traded lower as traders yearn to see more fundamental support. The market is running into some resistance pressure that is binding its upward momentum, and until something substantial develops fundamentally, the market could be pressured to trade sideways, if not somewhat lower. <a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/07141004/web-closing-markets.mp3">Click HERE for audio</a>

Farmers need rules that clearly define federal jurisdiction of the Waters of the United States, or WOTUS. The American Farm Bureau submitted comments to the Environmental Protection Agency and the Army Corps of Engineers. AFBF detailed the impact of WOTUS on farmers and elements that must be included in the new proposed rule to ensure it can withstand future legal challenges. 

John Newton, vice president of public policy and economic analysis said, “Farmers and ranchers support the creation of a legally durable rule that injects clarity into the regulatory process and does not leave landowners guessing what parts of their property are subject to regulation.” Farm Bureau’s recommendations for the rule included further defining “relatively permanent” to narrow the regulatory scope. The group also wants clarification of when wetlands should fall under WOTUS, continued exclusion of prior converted cropland, and exclusion of ditches from WOTUS jurisdiction. 

Farmers need rules that clearly define federal jurisdiction of the Waters of the United States, or WOTUS. The American Farm Bureau submitted comments to the Environmental Protection Agency and the Army Corps of Engineers. AFBF detailed the impact of WOTUS on farmers and elements that must be included in the new proposed rule to ensure it can withstand future legal challenges. John Newton, vice president of public policy and economic analysis said, “Farmers and ranchers support the creation of a legally durable rule that injects clarity into the regulatory process and does not leave landowners guessing what parts of their property are subject to regulation.” Farm Bureau’s recommendations for the rule included further defining “relatively permanent” to narrow the regulatory scope. The group also wants clarification of when wetlands should fall under WOTUS, continued exclusion of prior converted cropland, and exclusion of ditches from WOTUS jurisdiction. -NAFB

Proposed WOTUS rule brings certainty to farmers

Farmer sentiment weakened slightly in December as the Purdue University/CME Group Ag Economy Barometer Index dropped three points to a reading of 136. Weakness in the barometer was attributable to a modest decline in producers’ long-term outlook, as the Future Expectations Index fell to 140, four points lower than the previous month. The Current Conditions Index was unchanged from November at 128. 

Angst about the prospects for U.S. soybean exports amid increasing competition from Brazil contributed to a slightly weaker outlook for the future among crop producers. Producers’ expectations for their farms’ financial performance changed little compared to November, as the Financial Performance Index rose just two points to 94. The Farm Capital Investment Index also increased two points to 58 in December. Even with the slight rise, 60 percent of producers said it was still a bad time to make large investments in their farms.

Farmer sentiment weakened slightly in December as the Purdue University/CME Group Ag Economy Barometer Index dropped three points to a reading of 136. Weakness in the barometer was attributable to a modest decline in producers’ long-term outlook, as the Future Expectations Index fell to 140, four points lower than the previous month. The Current Conditions Index was unchanged from November at 128. Angst about the prospects for U.S. soybean exports amid increasing competition from Brazil contributed to a slightly weaker outlook for the future among crop producers. Producers’ expectations for their farms’ financial performance changed little compared to November, as the Financial Performance Index rose just two points to 94. The Farm Capital Investment Index also increased two points to 58 in December. Even with the slight rise, 60 percent of producers said it was still a bad time to make large investments in their farms.-NAFB

Farmer sentiment heads lower

March corn closed down 1/2 cent and May corn was down 3/4 cent. March soybeans closed down 5 3/4 cents and May futures were down 6 1/4 cents. March KC wheat closed up 3/4 cents, March Chicago wheat was down 2 cents, March Minneapolis wheat was down 4 cents.

Row-crop futures looked to be heading toward back-to-back positive moves to begin the first full trading week of 2026; but sellers reemerged by early afternoon, sending prices well below daily highs by the close. Fundamental news for Tuesday was limited, and thus market bulls clearly lacked much in the way of reassurance to extend Monday's price bounce. Outside markets saw equities firmer with the Dow Jones reaching further into record highs to begin the New Year. Meanwhile, energy markets were mostly lower, continuing an overall sideways action seen through the past two weeks.

The live cattle complex continued to charge onward as traders remain enthusiastic about what's to come in 2026. After breaking through the market's resistance at its 100-day moving average, we have accomplished a big technical feat and so far this week contracts charge on with gusto. It will be vital for the market's long-term potential that fundamental support arises -- especially in the form of cash cattle prices. It's been too early in the week for any cash cattle trade to have developed, and at this point bids and asking prices remain elusive. Boxed beef prices are lower: choice down $0.51 ($353.19) and select down $0.69 ($350.81) with a movement of 90 loads (66.54 loads of choice, 11.06 loads of select, 3.94 loads of trim and 8.42 loads of ground beef).

With the additional help of seeing the live cattle contracts trading higher, the feeder cattle complex continued to make substantial moves higher throughout the futures complex. Noting some of the feeder cattle sales that took place on Monday, prices were mostly higher on both feeders and calves.

Although the lean hog complex desires to trade higher, the market is cautious to do so as it's traded exponentially higher in recent days and consumer support isn't currently showing to be as strong as traders had hoped.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/06141936/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed down 1/2 cent and May corn was down 3/4 cent. March soybeans closed down 5 3/4 cents and May futures were down 6 1/4 cents. March KC wheat closed up 3/4 cents, March Chicago wheat was down 2 cents, March Minneapolis wheat was down 4 cents.Row-crop futures looked to be heading toward back-to-back positive moves to begin the first full trading week of 2026; but sellers reemerged by early afternoon, sending prices well below daily highs by the close. Fundamental news for Tuesday was limited, and thus market bulls clearly lacked much in the way of reassurance to extend Monday's price bounce. Outside markets saw equities firmer with the Dow Jones reaching further into record highs to begin the New Year. Meanwhile, energy markets were mostly lower, continuing an overall sideways action seen through the past two weeks.LIVESTOCK:The live cattle complex continued to charge onward as traders remain enthusiastic about what's to come in 2026. After breaking through the market's resistance at its 100-day moving average, we have accomplished a big technical feat and so far this week contracts charge on with gusto. It will be vital for the market's long-term potential that fundamental support arises -- especially in the form of cash cattle prices. It's been too early in the week for any cash cattle trade to have developed, and at this point bids and asking prices remain elusive. Boxed beef prices are lower: choice down $0.51 ($353.19) and select down $0.69 ($350.81) with a movement of 90 loads (66.54 loads of choice, 11.06 loads of select, 3.94 loads of trim and 8.42 loads of ground beef).With the additional help of seeing the live cattle contracts trading higher, the feeder cattle complex continued to make substantial moves higher throughout the futures complex. Noting some of the feeder cattle sales that took place on Monday, prices were mostly higher on both feeders and calves. Although the lean hog complex desires to trade higher, the market is cautious to do so as it's traded exponentially higher in recent days and consumer support isn't currently showing to be as strong as traders had hoped. <a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/06141936/web-closing-markets.mp3">Click HERE for audio</a>

The clean fuels industry strengthened its foundation in 2025 behind record policy targets, new engine capabilities, and proven performance, setting expectations for continued growth in 2026. “Government agencies, fleets, manufacturers, and consumers in 2025 recognized that biodiesel and renewable diesel have stepped forward and taken a leadership position in fueling our nation’s transportation systems,” said Clean Fuels Alliance America CEO Donnell Rehagen. “Clean fuel use has grown dramatically in recent years, and for the first time, policymakers took full account of that growth.” 

Last year, for the first time in the history of the Renewable Fuel Standard, the EPA proposed robust biomass-based diesel volumes that accurately reflected the industry’s potential. EPA proposed a renewable volume obligation of 5.61 billion gallons for 2026, and a growth path of annual volume increases for 2027 and beyond. In doing so, EPA acknowledged the industry’s investments in production capacity and domestic feedstock supplies produced by U.S. farmers. 

The clean fuels industry strengthened its foundation in 2025 behind record policy targets, new engine capabilities, and proven performance, setting expectations for continued growth in 2026. “Government agencies, fleets, manufacturers, and consumers in 2025 recognized that biodiesel and renewable diesel have stepped forward and taken a leadership position in fueling our nation’s transportation systems,” said Clean Fuels Alliance America CEO Donnell Rehagen. “Clean fuel use has grown dramatically in recent years, and for the first time, policymakers took full account of that growth.” Last year, for the first time in the history of the Renewable Fuel Standard, the EPA proposed robust biomass-based diesel volumes that accurately reflected the industry’s potential. EPA proposed a renewable volume obligation of 5.61 billion gallons for 2026, and a growth path of annual volume increases for 2027 and beyond. In doing so, EPA acknowledged the industry’s investments in production capacity and domestic feedstock supplies produced by U.S. farmers. -NAFB

2025 was a solid year for biodiesel, renewable diesel success in 2026

USDA released details about how much row crop farmers will receive this year from a $12 billion aid program. However, U.S. soybean producers say the payments won’t help farmers hurt by low crop prices and trade disputes. Reports said while the aid is expected to help farmers get ready for next season, growers and agricultural economists say those payments will only cover a fraction of farm losses and won’t rescue the sagging U.S. farm economy. 

The one-time payments will go to growers who planted one of 19 covered commodity crops. “The highest per-acre payments will go to rice farmers, who could get $132.89 an acre,” Reports show. “Cotton farmers could get $117.35 an acre, and oats farmers could receive $81.75 an acre.” Meanwhile, farmers are eligible for $44.36 per corn acre, $30.88 per soybean acre, and $39.35 per wheat acre. The overall payment limit is $155,000 per entity or individual.

USDA released details about how much row crop farmers will receive this year from a $12 billion aid program. However, U.S. soybean producers say the payments won’t help farmers hurt by low crop prices and trade disputes. Reports said while the aid is expected to help farmers get ready for next season, growers and agricultural economists say those payments will only cover a fraction of farm losses and won’t rescue the sagging U.S. farm economy. The one-time payments will go to growers who planted one of 19 covered commodity crops. “The highest per-acre payments will go to rice farmers, who could get $132.89 an acre,” Reports show. “Cotton farmers could get $117.35 an acre, and oats farmers could receive $81.75 an acre.” Meanwhile, farmers are eligible for $44.36 per corn acre, $30.88 per soybean acre, and $39.35 per wheat acre. The overall payment limit is $155,000 per entity or individual.-NAFB

Does assistance favor rice and cotton producers?

March corn closed up 7 cents and May corn was up 6 1/2 cents. January soybeans closed up 17 3/4 cents and March soybeans were up 16 1/4 cents. March KC wheat closed up 5 3/4 cents, March Chicago wheat was up 6 cents, March Minneapolis wheat was up 1/2 cents.

It sure didn't take long for traders to return from holiday and swiftly reject the ugly price action seen through the New Years week, with soybeans leading the way with the strongest daily move for the March contract since Nov. 17. Corn and wheat futures were no exception to the buyer's market on Monday, putting in strong daily moves higher as well. Outside markets on Monday were mostly higher too, with energy stocks rising following the weekend U.S. military operation in Venezuela. Safety investments such as gold were higher also. Lastly, crude oil, gasoline, and diesel futures were all higher as for the time being the market is not expecting a sudden influx of supply from Venezuela following this weekend's regime shift, especially amid a pause in output increases from OPEC members reported over the weekend as well.

The live cattle complex continued to trade higher into the new week following last week's surge. But more than anything, traders seem to be hitting the ground running to support the complex and eyeing the fact that the market's long-term trajectory is bullish. Friday's advancement above the market's 100-day moving average was a significant move, as that's been a challenging threshold that the market hasn't traded over for the last two months. New showlists appear to be somewhat higher in Kansas, but higher in Texas, and Nebraska/Colorado. Boxed beef prices are higher: choice up $4.06 ($354.03) and select up $2.63 ($349.55) with 57 loads (41.75 loads of choice, 4.52 loads of select, 4.31 loads of trim and 6.48 loads of ground beef).

With the support of the live cattle complex, the feeder cattle contracts traded substantially higher as support seems to be the market's overarching theme. It will be especially interesting to watch feeder cattle sales early this week, as the last real test seen in the countryside was the week before Christmas, and since then, the futures market has gained substantial ground.

Like the cattle complex, the lean hog contracts also traded fully higher into Monday's closing bell, as the market has been well supported thus far by trader interest. It's also helpful that pork cutout values were up $1.88 this morning, which is mainly being driven by the belly's $6.08 increase.

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By: NATHAN STUEDLEGRAINS:March corn closed up 7 cents and May corn was up 6 1/2 cents. January soybeans closed up 17 3/4 cents and March soybeans were up 16 1/4 cents. March KC wheat closed up 5 3/4 cents, March Chicago wheat was up 6 cents, March Minneapolis wheat was up 1/2 cents.It sure didn't take long for traders to return from holiday and swiftly reject the ugly price action seen through the New Years week, with soybeans leading the way with the strongest daily move for the March contract since Nov. 17. Corn and wheat futures were no exception to the buyer's market on Monday, putting in strong daily moves higher as well. Outside markets on Monday were mostly higher too, with energy stocks rising following the weekend U.S. military operation in Venezuela. Safety investments such as gold were higher also. Lastly, crude oil, gasoline, and diesel futures were all higher as for the time being the market is not expecting a sudden influx of supply from Venezuela following this weekend's regime shift, especially amid a pause in output increases from OPEC members reported over the weekend as well.LIVESTOCK:The live cattle complex continued to trade higher into the new week following last week's surge. But more than anything, traders seem to be hitting the ground running to support the complex and eyeing the fact that the market's long-term trajectory is bullish. Friday's advancement above the market's 100-day moving average was a significant move, as that's been a challenging threshold that the market hasn't traded over for the last two months. New showlists appear to be somewhat higher in Kansas, but higher in Texas, and Nebraska/Colorado. Boxed beef prices are higher: choice up $4.06 ($354.03) and select up $2.63 ($349.55) with 57 loads (41.75 loads of choice, 4.52 loads of select, 4.31 loads of trim and 6.48 loads of ground beef).With the support of the live cattle complex, the feeder cattle contracts traded substantially higher as support seems to be the market's overarching theme. It will be especially interesting to watch feeder cattle sales early this week, as the last real test seen in the countryside was the week before Christmas, and since then, the futures market has gained substantial ground.Like the cattle complex, the lean hog contracts also traded fully higher into Monday's closing bell, as the market has been well supported thus far by trader interest. It's also helpful that pork cutout values were up $1.88 this morning, which is mainly being driven by the belly's $6.08 increase.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/05141037/web-closing-markets.mp3">Click HERE for audio</a>

U.S. farm and food product exports create a lot of value and generate economic activity within and outside of the agricultural sector. In general, increased exports of agricultural products lead to higher demand for transportation services, packaging materials, and the additional employment and activities required to ship exports. In 2023, the value of U.S. ag exports, comprising commodities and food products, reached $175.5 billion. 

In turn, these exports generated an additional $186.9 billion in economic activity. Exports of bulk, unprocessed commodities like soybeans and corn, valued at $74.2 billion, generated an additional $66.2 billion in economic activity in 2023. Including the value of the exports themselves, U.S. agricultural exports generated a total economic output of $362.4 billion in 2023. Put another way, every $1 of U.S. agricultural products exported generated a total of $2.06 of domestic economic activity, on average. 

U.S. farm and food product exports create a lot of value and generate economic activity within and outside of the agricultural sector. In general, increased exports of agricultural products lead to higher demand for transportation services, packaging materials, and the additional employment and activities required to ship exports. In 2023, the value of U.S. ag exports, comprising commodities and food products, reached $175.5 billion. In turn, these exports generated an additional $186.9 billion in economic activity. Exports of bulk, unprocessed commodities like soybeans and corn, valued at $74.2 billion, generated an additional $66.2 billion in economic activity in 2023. Including the value of the exports themselves, U.S. agricultural exports generated a total economic output of $362.4 billion in 2023. Put another way, every $1 of U.S. agricultural products exported generated a total of $2.06 of domestic economic activity, on average. -NAFB

Agricultural exports contributed $362.4 billion to the U.S. economy 

Efforts by China to reduce its reliance on imported soybeans are raising questions about the long-term outlook for U.S. soybean exports, analysts say. China, the world’s largest soybean buyer, has been encouraging lower soybean meal use in livestock feed and expanding domestic oilseed production. While imports remain high, any sustained reduction could have ripple effects across global markets. 

U.S. farmers rely heavily on export demand, with China historically accounting for a significant share of shipments. Analysts said even modest policy shifts in Beijing can influence prices received by American growers. Agricultural economists cautioned that China’s goals face practical limits, including feed efficiency and domestic supply constraints. Still, they said U.S. producers must monitor policy signals closely. Diversifying export markets and boosting domestic demand were cited as key strategies to reduce exposure to trade volatility.

Efforts by China to reduce its reliance on imported soybeans are raising questions about the long-term outlook for U.S. soybean exports, analysts say. China, the world’s largest soybean buyer, has been encouraging lower soybean meal use in livestock feed and expanding domestic oilseed production. While imports remain high, any sustained reduction could have ripple effects across global markets. U.S. farmers rely heavily on export demand, with China historically accounting for a significant share of shipments. Analysts said even modest policy shifts in Beijing can influence prices received by American growers. Agricultural economists cautioned that China’s goals face practical limits, including feed efficiency and domestic supply constraints. Still, they said U.S. producers must monitor policy signals closely. Diversifying export markets and boosting domestic demand were cited as key strategies to reduce exposure to trade volatility.-NAFB

China’s soybean strategy raises questions for U.S. farmers

March corn closed down 2 3/4 cents and May corn was down 2 3/4 cents. January soybeans closed down 1 cent and March soybeans were down 1 3/4 cents. March KC wheat closed up 1/4 cents, March Chicago wheat was down 1/2 cent, March Minneapolis wheat was down 3 1/4 cents.

Corn, soy, and wheat markets were lower again on Friday, with the exception of Kansas City wheat futures, which mounted a comeback from early lows. Meanwhile, corn and soybean futures were ultimately unable to climb out of the bearish doldrums of the second holiday-shortened week, with relatively low volume behind the trade. Still, there were signs throughout the session of growing buying interest as prices approach medium- to long-term chart support in an otherwise slow news day. Outside markets were mixed to begin 2026, with weaker crude oil futures for the fifth time in the past six sessions. Meanwhile, the U.S. dollar continued its winning streak to six straight sessions but remains lower over the past month in general. Equity markets were mostly higher on Friday, breaking the year-end profit-taking dip, which was the feature of Monday through Wednesday's trade.

It was a breakout day for the live cattle complex as the market shot above its 100-day moving average for the first time since late October. More than anything, it seems to be a combination of trade support mixed with the knowingness that demand is likely only going to get stronger through the first half of the year, with traders also noting the uptick in cash cattle prices today. A few dressed sales are being reported in Nebraska at $360, which is $4.00 higher than last week's weighted average. Several majors in that state are also bidding $360, but those bids continue to be passed. A few bids are on the table in the South around $228 to $232, but they are being passed as they are below current asking prices of around $234. Packer inquiry should continue to improve.

The feeder cattle complex also sky-rocketed higher as traders noted the uptick in the live cattle complex and continue to be optimistic that the market is likely going to trade stronger and stronger through at least the first quarter of 2026. Feeder cattle sales next week will likely be stronger in the countryside as well.

The lean hog complex traded mixed into Friday's closing bell, as the nearby contracts dipped lower while the deferred contracts continued to trade higher. More than anything, traders seem reluctant to do much with the contract until its fundamentals improve. The projected lean hog index for 12/31/2025 is down $0.41 at $81.85, and the actual index for 12/30/2025 is up $0.01 at $82.26.

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By: NATHAN STUEDLEGRAINS:March corn closed down 2 3/4 cents and May corn was down 2 3/4 cents. January soybeans closed down 1 cent and March soybeans were down 1 3/4 cents. March KC wheat closed up 1/4 cents, March Chicago wheat was down 1/2 cent, March Minneapolis wheat was down 3 1/4 cents.Corn, soy, and wheat markets were lower again on Friday, with the exception of Kansas City wheat futures, which mounted a comeback from early lows. Meanwhile, corn and soybean futures were ultimately unable to climb out of the bearish doldrums of the second holiday-shortened week, with relatively low volume behind the trade. Still, there were signs throughout the session of growing buying interest as prices approach medium- to long-term chart support in an otherwise slow news day. Outside markets were mixed to begin 2026, with weaker crude oil futures for the fifth time in the past six sessions. Meanwhile, the U.S. dollar continued its winning streak to six straight sessions but remains lower over the past month in general. Equity markets were mostly higher on Friday, breaking the year-end profit-taking dip, which was the feature of Monday through Wednesday's trade.LIVESTOCK:It was a breakout day for the live cattle complex as the market shot above its 100-day moving average for the first time since late October. More than anything, it seems to be a combination of trade support mixed with the knowingness that demand is likely only going to get stronger through the first half of the year, with traders also noting the uptick in cash cattle prices today. A few dressed sales are being reported in Nebraska at $360, which is $4.00 higher than last week's weighted average. Several majors in that state are also bidding $360, but those bids continue to be passed. A few bids are on the table in the South around $228 to $232, but they are being passed as they are below current asking prices of around $234. Packer inquiry should continue to improve.The feeder cattle complex also sky-rocketed higher as traders noted the uptick in the live cattle complex and continue to be optimistic that the market is likely going to trade stronger and stronger through at least the first quarter of 2026. Feeder cattle sales next week will likely be stronger in the countryside as well.The lean hog complex traded mixed into Friday's closing bell, as the nearby contracts dipped lower while the deferred contracts continued to trade higher. More than anything, traders seem reluctant to do much with the contract until its fundamentals improve. The projected lean hog index for 12/31/2025 is down $0.41 at $81.85, and the actual index for 12/30/2025 is up $0.01 at $82.26.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/02141100/web-closing-markets.mp3">Click HERE for audio</a>

State agriculture officials confirmed a case of highly pathogenic avian influenza in a backyard flock of chickens and ducks in Dallas County, Iowa, marking the state’s latest detection of the virus. The Iowa Department of Agriculture said the affected birds were euthanized to prevent the spread of the disease, and quarantine measures were put in place around the premises. No commercial poultry facilities have been affected. 

Officials urged poultry owners to strengthen biosecurity practices, including limiting contact between domestic birds and wild waterfowl, which are known carriers of the virus. The detection comes as migratory birds move through the Midwest, increasing the risk of additional cases. While the virus poses little risk to the general public, it can be deadly to poultry and disruptive to farm operations. State and federal animal health officials continue monitoring flocks and working with producers to reduce the threat of further outbreaks.

State agriculture officials confirmed a case of highly pathogenic avian influenza in a backyard flock of chickens and ducks in Dallas County, Iowa, marking the state’s latest detection of the virus. The Iowa Department of Agriculture said the affected birds were euthanized to prevent the spread of the disease, and quarantine measures were put in place around the premises. No commercial poultry facilities have been affected. Officials urged poultry owners to strengthen biosecurity practices, including limiting contact between domestic birds and wild waterfowl, which are known carriers of the virus. The detection comes as migratory birds move through the Midwest, increasing the risk of additional cases. While the virus poses little risk to the general public, it can be deadly to poultry and disruptive to farm operations. State and federal animal health officials continue monitoring flocks and working with producers to reduce the threat of further outbreaks.-NAFB

Bird flu detected in Iowa backyard flock

The U.S. Department of Agriculture announced earlier this week, a new slate of research priorities for 2026, focusing on farm profitability, climate resilience and food system innovation. USDA officials said upcoming competitive grants will emphasize soil health, water efficiency, pest and disease control, and technologies that help producers adapt to extreme weather. The priorities also include improving nutrition, food safety and rural economic development. Agriculture officials said the updated agenda reflects growing pressure on farmers from rising input costs, volatile markets and climate-related disruptions. 

Research investments, they said, are intended to deliver practical, science-based solutions producers can use on the ground. The plan will guide funding through USDA agencies such as the National Institute of Food and Agriculture and the Agricultural Research Service. Farm groups welcomed the announcement, saying targeted research is critical to maintaining U.S. competitiveness and long-term sustainability across crop and livestock sectors.

The U.S. Department of Agriculture announced earlier this week, a new slate of research priorities for 2026, focusing on farm profitability, climate resilience and food system innovation. USDA officials said upcoming competitive grants will emphasize soil health, water efficiency, pest and disease control, and technologies that help producers adapt to extreme weather. The priorities also include improving nutrition, food safety and rural economic development. Agriculture officials said the updated agenda reflects growing pressure on farmers from rising input costs, volatile markets and climate-related disruptions. Research investments, they said, are intended to deliver practical, science-based solutions producers can use on the ground. The plan will guide funding through USDA agencies such as the National Institute of Food and Agriculture and the Agricultural Research Service. Farm groups welcomed the announcement, saying targeted research is critical to maintaining U.S. competitiveness and long-term sustainability across crop and livestock sectors.-NAFB

USDA sets new research priorities for 2026

During the Governor’s Summit on Agricultural Viability in Idaho, American Farmland Trust announced a new initiative called “Thriving Farms and Ranches” during the event. 

The Governor’s Summit explored the challenges of balancing the growth of cities and towns with Idaho’s valuable agricultural economy, as working lands are being lost at an alarming rate. “We know that one of the best ways to protect farm and ranch lands is to keep them in production,” said Addie Candib, AFT’s Western Managing Director. “At a time when farmers and ranchers face increasing headwinds, it’s imperative that we invest in the programs and policies that support our working lands.” 

Through the initiative, AFT will work to ensure farmers and ranchers can be more financially secure, invest in the long-term future of their operations, and attract the next generation of the nation’s farmers. AFT will combine existing programs to strengthen, diversify, and grow markets, make conservation investments, and advance policies to support U.S. agriculture.

During the Governor’s Summit on Agricultural Viability in Idaho, American Farmland Trust announced a new initiative called “Thriving Farms and Ranches” during the event. The Governor’s Summit explored the challenges of balancing the growth of cities and towns with Idaho’s valuable agricultural economy, as working lands are being lost at an alarming rate. “We know that one of the best ways to protect farm and ranch lands is to keep them in production,” said Addie Candib, AFT’s Western Managing Director. “At a time when farmers and ranchers face increasing headwinds, it’s imperative that we invest in the programs and policies that support our working lands.” Through the initiative, AFT will work to ensure farmers and ranchers can be more financially secure, invest in the long-term future of their operations, and attract the next generation of the nation’s farmers. AFT will combine existing programs to strengthen, diversify, and grow markets, make conservation investments, and advance policies to support U.S. agriculture.- NAFB

AFT Announces New Initiative to Empower Farmers and Ranchers

The USDA’s Natural Resources Conservation Service announced the establishment of a “batching deadline” of January 15, 2026, for the first funding round of key conservation programs. 

This national batching deadline ensures producers have a clear, consistent timeline for participating in&nbsp;<a href="https://www.nrcs.usda.gov/programs-initiatives/environmental-quality-incentives-program">EQIP</a>,&nbsp;<a href="https://www.nrcs.usda.gov/programs-initiatives/conservation-stewardship-program">CSP</a>, the&nbsp;<a href="https://www.nrcs.usda.gov/programs-initiatives/agricultural-conservation-easement-program">Agricultural Conservation Easement Program</a>, and&nbsp;<a href="https://www.nrcs.usda.gov/programs-initiatives/agricultural-management-assistance">Agricultural Management Assistance</a>. This includes the new NRCS&nbsp;<a href="https://www.nrcs.usda.gov/programs-initiatives/regenerative-pilot-program">Regenerative Pilot Program</a>, which provides targeted farmer-first assistance through EQIP and CSP. “The NRCS team continues its commitment to America’s producers by advancing conservation, strengthening service delivery, and keeping our promise to the men and women who feed and fuel our nation,” said NRCS Chief Aubrey Bettencourt.

NRCS programs are continuous sign-up programs, but due to the government shutdown, the agency is implementing an initial national batching period to ensure producers have access to funding and support. National and State Conservation Innovation Grants will follow later in 2026.

The USDA’s Natural Resources Conservation Service announced the establishment of a “batching deadline” of January 15, 2026, for the first funding round of key conservation programs. This national batching deadline ensures producers have a clear, consistent timeline for participating in&nbsp;<a href="https://www.nrcs.usda.gov/programs-initiatives/environmental-quality-incentives-program">EQIP</a>,&nbsp;<a href="https://www.nrcs.usda.gov/programs-initiatives/conservation-stewardship-program">CSP</a>, the&nbsp;<a href="https://www.nrcs.usda.gov/programs-initiatives/agricultural-conservation-easement-program">Agricultural Conservation Easement Program</a>, and&nbsp;<a href="https://www.nrcs.usda.gov/programs-initiatives/agricultural-management-assistance">Agricultural Management Assistance</a>. This includes the new NRCS&nbsp;<a href="https://www.nrcs.usda.gov/programs-initiatives/regenerative-pilot-program">Regenerative Pilot Program</a>, which provides targeted farmer-first assistance through EQIP and CSP. “The NRCS team continues its commitment to America’s producers by advancing conservation, strengthening service delivery, and keeping our promise to the men and women who feed and fuel our nation,” said NRCS Chief Aubrey Bettencourt. NRCS programs are continuous sign-up programs, but due to the government shutdown, the agency is implementing an initial national batching period to ensure producers have access to funding and support. National and State Conservation Innovation Grants will follow later in 2026.- NAFB

USDA “Batching” Deadline in January

Beef prices are projected to continue increasing in 2026 as U.S. beef production continues to decline, with no obvious signs of a rebuilding cattle herd. 

That comes from John Lovett of the University of Arkansas System Division of Agriculture. At the beginning of 2025, U.S. cattle inventories were at their lowest point since the 1950s, and the industry has been in liquidation mode since it peaked at 94.7 million head in 2019. “Since then,” Lovett said, “the nation’s beef herd has decreased by eight million head of cattle.” Liquidating cattle inventories is one phase of a typical cattle cycle, which is a ten-to-12-year pattern of expanding and contracting cattle numbers, driven largely by changes in producer profitability and worsened by drought. 

Bloomberg said cheap beef could be driven further out of reach for many consumers as Brazil, another large cattle supplier, is heading into a period of shrinking cattle numbers that could push global prices higher.

Beef prices are projected to continue increasing in 2026 as U.S. beef production continues to decline, with no obvious signs of a rebuilding cattle herd. That comes from John Lovett of the University of Arkansas System Division of Agriculture. At the beginning of 2025, U.S. cattle inventories were at their lowest point since the 1950s, and the industry has been in liquidation mode since it peaked at 94.7 million head in 2019. “Since then,” Lovett said, “the nation’s beef herd has decreased by eight million head of cattle.” Liquidating cattle inventories is one phase of a typical cattle cycle, which is a ten-to-12-year pattern of expanding and contracting cattle numbers, driven largely by changes in producer profitability and worsened by drought. Bloomberg said cheap beef could be driven further out of reach for many consumers as Brazil, another large cattle supplier, is heading into a period of shrinking cattle numbers that could push global prices higher.- NAFB

Beef Prices Predicted to Keep Climbing in 2026

March corn closed down 1 3/4 cents per bushel at $4.40 1/2 and May closed down 2 1/4 cents per bushel at $4.48 1/2. January soybeans closed down 3 1/4 cents at $10.46 1/4 and March soybeans were down 1 1/4 cents at $10.62 1/4. March KC wheat closed down 5 1/4 cents at $5.22, March Chicago wheat was down 2 1/4 cents at $5.10 3/4 and March Minneapolis wheat was down 0.01 cents at $5.785.

Corn and wheat continued to build on Monday's surprising weakness while soybeans traded both sides before fading and were unaffected by a new flash sale to China and rumors of more in the works. Soybean product markets were mixed in quiet trade.

Following Monday's weaker close, the live cattle complex was higher as traders remain optimistic about the year to come. As we know now more than ever, managing risk remains a critical part of the cattle business and volatility is always looming; but there's still much to be excited about in the cattle sector as the calendar looks ahead to 2026. Still no developments have surfaced in the fed cash cattle market.

Boxed beef prices are mixed: choice down $0.82 ($348.51) and select up $0.06 ($345.68) with a movement of 93 loads (63.14 loads of choice, 11.25 loads of select, 9.65 loads of trim and 8.83 loads of ground beef).

Upon seeing the live cattle complex trading higher, the feeder cattle contracts have elected to up their game as most of the contracts were trading $2.00 to $3.00 higher into Tuesday's close. The market has plenty of upward potential as the contracts have already broken through the resistance at the 100-day moving average.

The lean hog complex was also higher as traders are no longer up against immediate resistance pressure and the contracts were feeling some spillover support from the cattle sectors' ambitious trade activity.

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By: NATHAN STUEDLEGRAINS:March corn closed down 1 3/4 cents per bushel at $4.40 1/2 and May closed down 2 1/4 cents per bushel at $4.48 1/2. January soybeans closed down 3 1/4 cents at $10.46 1/4 and March soybeans were down 1 1/4 cents at $10.62 1/4. March KC wheat closed down 5 1/4 cents at $5.22, March Chicago wheat was down 2 1/4 cents at $5.10 3/4 and March Minneapolis wheat was down 0.01 cents at $5.785.Corn and wheat continued to build on Monday's surprising weakness while soybeans traded both sides before fading and were unaffected by a new flash sale to China and rumors of more in the works. Soybean product markets were mixed in quiet trade.LIVESTOCK:Following Monday's weaker close, the live cattle complex was higher as traders remain optimistic about the year to come. As we know now more than ever, managing risk remains a critical part of the cattle business and volatility is always looming; but there's still much to be excited about in the cattle sector as the calendar looks ahead to 2026. Still no developments have surfaced in the fed cash cattle market.Boxed beef prices are mixed: choice down $0.82 ($348.51) and select up $0.06 ($345.68) with a movement of 93 loads (63.14 loads of choice, 11.25 loads of select, 9.65 loads of trim and 8.83 loads of ground beef).Upon seeing the live cattle complex trading higher, the feeder cattle contracts have elected to up their game as most of the contracts were trading $2.00 to $3.00 higher into Tuesday's close. The market has plenty of upward potential as the contracts have already broken through the resistance at the 100-day moving average.The lean hog complex was also higher as traders are no longer up against immediate resistance pressure and the contracts were feeling some spillover support from the cattle sectors' ambitious trade activity. <a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/30140107/web-closing-markets.mp3">Click HERE for audio</a>

Since 2020, AgriBusiness Global has developed a yearly forecast of key events likely to impact global agriculture and agribusiness in the year ahead. Among the top forecasts for 2026 are input prices staying flat or increasing as suppliers compete for farm purchases. They also said China’s economy will continue to be challenged as the country’s enormous pesticide manufacturing capacity continues to drive margin erosion globally. While this is a positive for end-users of crop inputs, profitability for the supply channel remains challenging. Agro-industry “stagflation” is expected to continue into next year. 

Flat global demand in the Americas, Europe, and the Asia-Pacific nations is being driven by aging, shrinking populations, and in the U.S., especially, food consumption may drop because of the increasing use of obesity drugs and the Make America Healthy Again program. The energy outlook will remain positive, except where political taxes play a role. 

Since 2020, AgriBusiness Global has developed a yearly forecast of key events likely to impact global agriculture and agribusiness in the year ahead. Among the top forecasts for 2026 are input prices staying flat or increasing as suppliers compete for farm purchases. They also said China’s economy will continue to be challenged as the country’s enormous pesticide manufacturing capacity continues to drive margin erosion globally. While this is a positive for end-users of crop inputs, profitability for the supply channel remains challenging. Agro-industry “stagflation” is expected to continue into next year. Flat global demand in the Americas, Europe, and the Asia-Pacific nations is being driven by aging, shrinking populations, and in the U.S., especially, food consumption may drop because of the increasing use of obesity drugs and the Make America Healthy Again program. The energy outlook will remain positive, except where political taxes play a role. -NAFB

Ag forecasts for 2026

The Federal Communications Commission recently blacklisted all new foreign-made drones and components due to concerns that the foreign equipment is an unacceptable risk to U.S. national security. Reports said the technology is on the Commission’s “Covered List,” barring foreign drone manufacturers from receiving the FCC’s approval to sell new drone models for import or sale into the U.S. Reports say, the ban’s timing hurts as many farmers are financially struggling because of high production costs, which makes the precise application of crop protection products and fertilizers especially important. 

Most precision agriculture is increasingly accomplished through using drones. “Foreign-manufactured drones represent a significant majority of the agricultural drone market, and sudden restrictions on their use without sufficient domestic alternatives would add new financial burdens on already over-stressed farmers,” the American Soybean Association said in a statement. The FCC said the ban won’t ground the thousands of already deployed unmanned aircraft in the U.S.

The Federal Communications Commission recently blacklisted all new foreign-made drones and components due to concerns that the foreign equipment is an unacceptable risk to U.S. national security. Reports said the technology is on the Commission’s “Covered List,” barring foreign drone manufacturers from receiving the FCC’s approval to sell new drone models for import or sale into the U.S. Reports say, the ban’s timing hurts as many farmers are financially struggling because of high production costs, which makes the precise application of crop protection products and fertilizers especially important. Most precision agriculture is increasingly accomplished through using drones. “Foreign-manufactured drones represent a significant majority of the agricultural drone market, and sudden restrictions on their use without sufficient domestic alternatives would add new financial burdens on already over-stressed farmers,” the American Soybean Association said in a statement. The FCC said the ban won’t ground the thousands of already deployed unmanned aircraft in the U.S.-NAFB