Missouri hunters harvested a preliminary total of 301,954 deer during the 2025-2026 season, marking a significant rebound from the previous year, according to the Missouri Department of Conservation.

The season, which concluded Jan. 15 with the close of archery hunting, saw an increase from the 275,656 deer taken during the 2024-2025 cycle. This year’s total included 145,222 antlered bucks, 25,129 button bucks, and 131,603 does.

MDC Cervid Program Supervisor Jason Isabelle said the results met expectations, particularly in southern Missouri where numbers had previously dipped. The 2025-2026 total was slightly above the state's five-year average and represents only the sixth time in Missouri history that the harvest has surpassed the 300,000 mark.

Franklin County led the state in overall harvest with 6,770 deer. Howell County followed with 5,490, and Callaway County rounded out the top three with 5,346.

Archery season alone accounted for 62,203 deer, an increase over the 56,516 taken by bowhunters last year. Jefferson County recorded the highest archery total with 1,571 deer, followed by Franklin County at 1,272 and St. Louis County at 1,076.

The MDC reported four non-fatal, self-inflicted firearms-related hunting incidents during the season. One of those incidents involved deer hunting, while the remaining three occurred during the pursuit of other game.

<figure>
 <img src="https://media.eaglewebservices.com/public/2025/12/1765376060338.jpeg" alt="deer" />
 <figcaption>deer</figcaption>
 </figure>By RYAN SKAITHMissouri hunters harvested a preliminary total of 301,954 deer during the 2025-2026 season, marking a significant rebound from the previous year, according to the Missouri Department of Conservation.The season, which concluded Jan. 15 with the close of archery hunting, saw an increase from the 275,656 deer taken during the 2024-2025 cycle. This year’s total included 145,222 antlered bucks, 25,129 button bucks, and 131,603 does.MDC Cervid Program Supervisor Jason Isabelle said the results met expectations, particularly in southern Missouri where numbers had previously dipped. The 2025-2026 total was slightly above the state's five-year average and represents only the sixth time in Missouri history that the harvest has surpassed the 300,000 mark.Franklin County led the state in overall harvest with 6,770 deer. Howell County followed with 5,490, and Callaway County rounded out the top three with 5,346.Archery season alone accounted for 62,203 deer, an increase over the 56,516 taken by bowhunters last year. Jefferson County recorded the highest archery total with 1,571 deer, followed by Franklin County at 1,272 and St. Louis County at 1,076.The MDC reported four non-fatal, self-inflicted firearms-related hunting incidents during the season. One of those incidents involved deer hunting, while the remaining three occurred during the pursuit of other game.

Missouri deer harvest surpasses 300,000 as 2025-26 season rebounds

March corn closed down 1 3/4 cents and May corn was down 2 cents. March soybeans closed up 10 1/2 cents and May soybeans were up 9 1/4 cents. March KC wheat closed down 5 cents, March Chicago wheat was down 2 cents, March Minneapolis wheat was down 4 1/2 cents.

Corn and wheat futures traded mixed Thursday, again fading from early highs as the weight of added supply in both markets continues to serve as a headwind to rally attempts. Meanwhile, soybean futures enjoyed a double-digit jump on Thursday following a number of supportive news reports, most notably as Brazil's National Supply Company (Conab) reduced their forecast for 2025-26 soybean production in a surprising split from USDA's increase in Monday's WASDE. Outside markets leaned negative, with crude oil staging a sharp reversal after five straight sessions higher on a perceived and at least temporary easing of tensions between the U.S. and Iran. Equities were higher after a two-day profit-taking dip, and the U.S. dollar moved higher for the twelfth time in the past fifteen sessions.

The live cattle complex is back to trading higher following Wednesday's lower close, as once again the contracts are no longer up against immediate pressure. It's very apparent that the market desires to trade higher, but until traders can see immediate fundamental support in the form of stronger fed cash cattle trade, it's unlikely that they'll boldly advance the market until then. At this point, both bids and asking prices remain elusive. Boxed beef prices are higher: choice up $1.91 ($360.44) and select up $2.28 ($359.93) with a movement of 99 loads (78.80 loads of choice, 5.89 loads of select, 7.82 loads of trim and 6.15 loads of ground beef).

The live cattle contracts may be mildly trading higher, but the feeder cattle contracts were trading with more vigor as most of the contracts were trading over $3.00 higher towards the closing bell. The market is currently pushing up against resistance pressure, which could cause the market some anxiety later this afternoon.

With pork cutout values up sharply, the lean hog complex had a breakout day. So long as fundamental support remains evident, it's likely that traders will continue to push the contracts higher as they've been patiently waiting for this amount of fundamental support to develop so that they can charge the market higher.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/15141340/web-closing-markets.mp3">Click HERE for audio</a>

GRAINS:March corn closed down 1 3/4 cents and May corn was down 2 cents. March soybeans closed up 10 1/2 cents and May soybeans were up 9 1/4 cents. March KC wheat closed down 5 cents, March Chicago wheat was down 2 cents, March Minneapolis wheat was down 4 1/2 cents.Corn and wheat futures traded mixed Thursday, again fading from early highs as the weight of added supply in both markets continues to serve as a headwind to rally attempts. Meanwhile, soybean futures enjoyed a double-digit jump on Thursday following a number of supportive news reports, most notably as Brazil's National Supply Company (Conab) reduced their forecast for 2025-26 soybean production in a surprising split from USDA's increase in Monday's WASDE. Outside markets leaned negative, with crude oil staging a sharp reversal after five straight sessions higher on a perceived and at least temporary easing of tensions between the U.S. and Iran. Equities were higher after a two-day profit-taking dip, and the U.S. dollar moved higher for the twelfth time in the past fifteen sessions.LIVESTOCK:The live cattle complex is back to trading higher following Wednesday's lower close, as once again the contracts are no longer up against immediate pressure. It's very apparent that the market desires to trade higher, but until traders can see immediate fundamental support in the form of stronger fed cash cattle trade, it's unlikely that they'll boldly advance the market until then. At this point, both bids and asking prices remain elusive. Boxed beef prices are higher: choice up $1.91 ($360.44) and select up $2.28 ($359.93) with a movement of 99 loads (78.80 loads of choice, 5.89 loads of select, 7.82 loads of trim and 6.15 loads of ground beef).The live cattle contracts may be mildly trading higher, but the feeder cattle contracts were trading with more vigor as most of the contracts were trading over $3.00 higher towards the closing bell. The market is currently pushing up against resistance pressure, which could cause the market some anxiety later this afternoon.With pork cutout values up sharply, the lean hog complex had a breakout day. So long as fundamental support remains evident, it's likely that traders will continue to push the contracts higher as they've been patiently waiting for this amount of fundamental support to develop so that they can charge the market higher.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/15141340/web-closing-markets.mp3">Click HERE for audio</a>

Commodity markets daily recap

The USDA confirmed that farmers harvested a record-large crop in 2025, estimated at over 17 billion bushels. Corn stockpiles are also expected to climb to their highest level in eight years, driving corn prices lower. The Renewable Fuels Association said this underscores the pressing need to eliminate the obstacles that are suppressing demand and limiting market opportunities for corn and ethanol alike. “This is a sobering wakeup call about the farm economy and underscores the need for lawmakers to take immediate action to expand markets for American corn growers,” said Geoff Cooper, RFA President and CEO. 

“The fastest and easiest way to shore up the growing supply-demand imbalance in the corn market is to permanently remove the summertime barrier on E15 sales and eliminate obsolete fuel retail infrastructure rules.” He also said these decades-old regulatory barriers are literally choking off demand and shortchanging America’s farmers. 

The USDA confirmed that farmers harvested a record-large crop in 2025, estimated at over 17 billion bushels. Corn stockpiles are also expected to climb to their highest level in eight years, driving corn prices lower. The Renewable Fuels Association said this underscores the pressing need to eliminate the obstacles that are suppressing demand and limiting market opportunities for corn and ethanol alike. “This is a sobering wakeup call about the farm economy and underscores the need for lawmakers to take immediate action to expand markets for American corn growers,” said Geoff Cooper, RFA President and CEO. “The fastest and easiest way to shore up the growing supply-demand imbalance in the corn market is to permanently remove the summertime barrier on E15 sales and eliminate obsolete fuel retail infrastructure rules.” He also said these decades-old regulatory barriers are literally choking off demand and shortchanging America’s farmers. -NAFB

RFA: More urgency about approving year-round E15

The U.S. agricultural land market is shifting after years of steady growth. Although land values are still historically high, current signs indicate a more complex situation driven by local and regional factors rather than nationwide trends. “After years of steady growth, we’re seeing the farmland market stabilize,” said Colton Lacina, senior vice president of real estate options at Farmers National Company. “This isn’t a sign of collapse but a recalibration that reflects current commodity prices, input costs, and regional production conditions.” 

Farmland demand now varies widely by location. Areas with high crop yields, diversified farms, and dependable groundwater continue to attract buyers and maintain steady values. “Farmland values are increasingly determined locally, sometimes down to the township,” Lacina added. “Buyers are carefully assessing soil quality, the percentage of tillable acres, water access, and how a parcel fits into their operations.” Despite mixed signals, market conditions still remain favorable for most sellers.

The U.S. agricultural land market is shifting after years of steady growth. Although land values are still historically high, current signs indicate a more complex situation driven by local and regional factors rather than nationwide trends. “After years of steady growth, we’re seeing the farmland market stabilize,” said Colton Lacina, senior vice president of real estate options at Farmers National Company. “This isn’t a sign of collapse but a recalibration that reflects current commodity prices, input costs, and regional production conditions.” Farmland demand now varies widely by location. Areas with high crop yields, diversified farms, and dependable groundwater continue to attract buyers and maintain steady values. “Farmland values are increasingly determined locally, sometimes down to the township,” Lacina added. “Buyers are carefully assessing soil quality, the percentage of tillable acres, water access, and how a parcel fits into their operations.” Despite mixed signals, market conditions still remain favorable for most sellers.-NAFB

Farmland values enter a new phase

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

Corn, soybean, and wheat futures were all higher Wednesday, with speculators and long-side hedgers likely both seeing opportunity to lock in purchases following the early week, post-USDA price drop. However, upside momentum remained very limited as trading volumes eased following Monday's report day spike. Outside markets Wednesday were supportive as well, as we continue to see a rush to outside commodities this week, such as gold and silver, which have moved once again to new records. Equity markets are softer through the middle of the week on a flow of money from stocks (specifically the tech sector) into commodities. The energy market was firm early in Wednesday's trade, with crude oil futures hitting two and a half month highs on geopolitical risk, specifically ongoing turmoil in Iran, although prices eventually reversed lower likely on profit-taking as well as larger week-on-week crude inventories in the weekly EIA Petroleum Status report.

The live cattle complex traded lower into Wednesday's closing bell as traders are confident that they do not possess enough support to push the contracts any higher. On Tuesday, the market was charged with bullishness, but today, traders seem to look at the markets a tick more level-headed, and while they believe that the bullish sentiment is justified, they also know that they need to see immediate fundamental support before they can confidently push the contracts higher in the near term. Still no cash cattle trade has developed. Boxed beef prices are higher: choice up $1.34 ($359.33) and select up $0.33 ($357.51) with a movement of 78 loads (52.90 loads of choice, 5.14 loads of select, 12.17 loads of trim and 8.20 loads of ground beef).

And once again, in alignment with the direction of the live cattle complex, the feeder cattle contracts also traded lower Wednesday. Until the live cattle complex trades higher, the feeder cattle complex will likely continue to trade in a cautious, lower manner.

Traders continue to push the lean hog complex higher, with not a lot of fundamental support behind their ambitions. Both cash prices and pork cutout values have been lax this week, but even so, traders continue to aggressively push the contracts.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/14143027/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed up 2 1/4 cents and May corn was up 2 cents. March soybeans closed up 3 3/4 cents and May soybeans were up 3 cents. March KC wheat closed up 2 3/4 cents, March Chicago wheat was up 2 cents, March Minneapolis wheat was up 1/2 cents.Corn, soybean, and wheat futures were all higher Wednesday, with speculators and long-side hedgers likely both seeing opportunity to lock in purchases following the early week, post-USDA price drop. However, upside momentum remained very limited as trading volumes eased following Monday's report day spike. Outside markets Wednesday were supportive as well, as we continue to see a rush to outside commodities this week, such as gold and silver, which have moved once again to new records. Equity markets are softer through the middle of the week on a flow of money from stocks (specifically the tech sector) into commodities. The energy market was firm early in Wednesday's trade, with crude oil futures hitting two and a half month highs on geopolitical risk, specifically ongoing turmoil in Iran, although prices eventually reversed lower likely on profit-taking as well as larger week-on-week crude inventories in the weekly EIA Petroleum Status report.LIVESTOCK:The live cattle complex traded lower into Wednesday's closing bell as traders are confident that they do not possess enough support to push the contracts any higher. On Tuesday, the market was charged with bullishness, but today, traders seem to look at the markets a tick more level-headed, and while they believe that the bullish sentiment is justified, they also know that they need to see immediate fundamental support before they can confidently push the contracts higher in the near term. Still no cash cattle trade has developed. Boxed beef prices are higher: choice up $1.34 ($359.33) and select up $0.33 ($357.51) with a movement of 78 loads (52.90 loads of choice, 5.14 loads of select, 12.17 loads of trim and 8.20 loads of ground beef).And once again, in alignment with the direction of the live cattle complex, the feeder cattle contracts also traded lower Wednesday. Until the live cattle complex trades higher, the feeder cattle complex will likely continue to trade in a cautious, lower manner.Traders continue to push the lean hog complex higher, with not a lot of fundamental support behind their ambitions. Both cash prices and pork cutout values have been lax this week, but even so, traders continue to aggressively push the contracts. <a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/14143027/web-closing-markets.mp3">Click HERE for audio</a>

The USDA said inspections of corn, soybeans, and wheat for export all rose week to week during the seven days ending on January 8. Corn inspections improved to 1.49 million metric tons from 1.32 million a week earlier. The agency report said that’s higher than the 1.44 million tons that were inspected during the same week last year. Soybean assessments were reported at 1.53 million metric tons, up from just over 984,000 tons the previous week and the 1.36 million tons inspected at the same point last year. 

Wheat examinations for overseas delivery jumped to 317,400 metric tons, up from 183,000 the previous week. That was narrowly higher than the total inspected during the same week a year earlier. Since the start of the marketing year, USDA has inspected 28.4 million metric tons of corn for export, 17.9 million metric tons of soybeans, and wheat assessments since the start of the marketing year totaled 15.6 million metric tons. 

The USDA said inspections of corn, soybeans, and wheat for export all rose week to week during the seven days ending on January 8. Corn inspections improved to 1.49 million metric tons from 1.32 million a week earlier. The agency report said that’s higher than the 1.44 million tons that were inspected during the same week last year. Soybean assessments were reported at 1.53 million metric tons, up from just over 984,000 tons the previous week and the 1.36 million tons inspected at the same point last year. Wheat examinations for overseas delivery jumped to 317,400 metric tons, up from 183,000 the previous week. That was narrowly higher than the total inspected during the same week a year earlier. Since the start of the marketing year, USDA has inspected 28.4 million metric tons of corn for export, 17.9 million metric tons of soybeans, and wheat assessments since the start of the marketing year totaled 15.6 million metric tons. -NAFB

Weekly export inspection up across the board

The USDA released its January WASDE Report, which projected a 17-billion-bushel corn supply in 2025-2026, raising alarms among the nation’s corn growers and triggering an immediate market reaction. If the projections prove accurate, this year’s crop will be the largest on record by far. The surplus supply promises to keep corn prices low as farmers struggle to pay higher input costs. 

“We need long-term market solutions, and we need them quickly, or this is going to deepen the economic crisis in the countryside,” said Jed Bower, president of the National Corn Growers Association. “The urgency for Congress and the president to open new markets abroad and expand consumer access to ethanol just increased exponentially.” Bower also noted that an immediate boost to demand would be the passage of legislation authorizing year-round consumer access to fuels with a 15 percent ethanol blend. He said this solution could use 2.4 billion additional bushels of corn annually. 

The USDA released its January WASDE Report, which projected a 17-billion-bushel corn supply in 2025-2026, raising alarms among the nation’s corn growers and triggering an immediate market reaction. If the projections prove accurate, this year’s crop will be the largest on record by far. The surplus supply promises to keep corn prices low as farmers struggle to pay higher input costs. “We need long-term market solutions, and we need them quickly, or this is going to deepen the economic crisis in the countryside,” said Jed Bower, president of the National Corn Growers Association. “The urgency for Congress and the president to open new markets abroad and expand consumer access to ethanol just increased exponentially.” Bower also noted that an immediate boost to demand would be the passage of legislation authorizing year-round consumer access to fuels with a 15 percent ethanol blend. He said this solution could use 2.4 billion additional bushels of corn annually. -NAFB

Corn growers alarmed by new supply projections

March corn closed down 1 3/4 cents and May corn was down 2 3/4 cents. March soybeans closed down 10 1/4 cents and May soybeans were down 9 3/4 cents. March KC wheat closed down 7 1/4 cents, March Chicago wheat was down 3/4 cents, March Minneapolis wheat was up 3/4 cents.

Row-crop futures traded mixed to lower Tuesday in fallout after Monday's much-more-bearish report than even the most already bearish traders and analysts expected. The question now becomes how quickly traders will choose to move past the USDA estimates and ahead to what will be a very busy first quarter of 2026 for further fundamental developments. Outside markets for Tuesday were mixed, with a higher U.S. dollar for the eleventh time in the past 13 sessions as Tuesday's CPI reading was steady at 2.7% year-over-year inflation. Energy prices were firm for the fourth straight session amid growing turmoil in Iran and President Trump renewing tariff threats against countries that trade with Iran. Equity markets were lower on profit-taking amid record highs for the Dow Jones Industrial Average and S&amp;P 500.

The live cattle complex stepped higher into Tuesday's close as traders were pleased to see boxed beef prices stronger again today, and are feeling at ease knowing corn prices are projected to remain affordable through 2026 -- as evidenced by Monday's WASDE report. No substantial cash cattle trade has developed yet, and with the futures market trading slightly higher, there's a good chance trade will again be delayed until late in the week. No asking prices have been established either. Boxed beef prices are higher: choice up $0.91 ($358.02) and select up $0.99 ($359.04) with a movement of 93 loads (61.65 loads of choice, 4.78 loads of select, 18.96 loads of trim and 7.78 loads of ground beef).

With corn prices anticipated to remain affordable through 2026, the feeder cattle complex was sporting a noteworthy $4.00 to $5.00 rally through the bulk of Tuesday's session. Feed costs have remained in feeders' favor over the last year as overall it's been affordable, but with feeder cattle prices so high, buyers need that guarantee as their breakevens on these calves is risky and if feed prices were to grow more expensive, a lot of people could be in a tough position given how much they are simply paying for the calves and feeders they desire to feed out.

Following the slight technical downturn in which the lean hog complex has seen over the last three days, the market was again trading higher as traders are no longer up against immediate resistance pressure. It still remains a tough fundamental position for the marketplace as pork cutout values were again lower and as there hasn't been hardly any trade in the cash hog market -- meaning that today's slight uptick was solely a technical decision.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/13134511/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed down 1 3/4 cents and May corn was down 2 3/4 cents. March soybeans closed down 10 1/4 cents and May soybeans were down 9 3/4 cents. March KC wheat closed down 7 1/4 cents, March Chicago wheat was down 3/4 cents, March Minneapolis wheat was up 3/4 cents.Row-crop futures traded mixed to lower Tuesday in fallout after Monday's much-more-bearish report than even the most already bearish traders and analysts expected. The question now becomes how quickly traders will choose to move past the USDA estimates and ahead to what will be a very busy first quarter of 2026 for further fundamental developments. Outside markets for Tuesday were mixed, with a higher U.S. dollar for the eleventh time in the past 13 sessions as Tuesday's CPI reading was steady at 2.7% year-over-year inflation. Energy prices were firm for the fourth straight session amid growing turmoil in Iran and President Trump renewing tariff threats against countries that trade with Iran. Equity markets were lower on profit-taking amid record highs for the Dow Jones Industrial Average and S&amp;P 500.LIVESTOCK:The live cattle complex stepped higher into Tuesday's close as traders were pleased to see boxed beef prices stronger again today, and are feeling at ease knowing corn prices are projected to remain affordable through 2026 -- as evidenced by Monday's WASDE report. No substantial cash cattle trade has developed yet, and with the futures market trading slightly higher, there's a good chance trade will again be delayed until late in the week. No asking prices have been established either. Boxed beef prices are higher: choice up $0.91 ($358.02) and select up $0.99 ($359.04) with a movement of 93 loads (61.65 loads of choice, 4.78 loads of select, 18.96 loads of trim and 7.78 loads of ground beef).With corn prices anticipated to remain affordable through 2026, the feeder cattle complex was sporting a noteworthy $4.00 to $5.00 rally through the bulk of Tuesday's session. Feed costs have remained in feeders' favor over the last year as overall it's been affordable, but with feeder cattle prices so high, buyers need that guarantee as their breakevens on these calves is risky and if feed prices were to grow more expensive, a lot of people could be in a tough position given how much they are simply paying for the calves and feeders they desire to feed out. Following the slight technical downturn in which the lean hog complex has seen over the last three days, the market was again trading higher as traders are no longer up against immediate resistance pressure. It still remains a tough fundamental position for the marketplace as pork cutout values were again lower and as there hasn't been hardly any trade in the cash hog market -- meaning that today's slight uptick was solely a technical decision.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/13134511/web-closing-markets.mp3">Click HERE for audio</a>

Kansas currently holds the highest number of confirmed bird flu infections in the United States, with recent outbreaks in two northeast counties pushing the state’s total to more than 400,000 affected birds.

According to the U.S. Department of Agriculture, the surge in highly pathogenic avian influenza (HPAI) has impacted four commercial operations and six backyard flocks across the state. The most significant loss occurred in Pottawatomie County, where a commercial egg-laying facility reported 380,000 birds affected by the virus.

In neighboring Nemaha County, officials recently confirmed the virus in a commercial gamebird flock of more than 4,000 birds. The USDA reports that 65 flocks have been impacted nationwide as the virus continues to spread through migratory bird patterns.

Despite the high number of poultry infections, the Centers for Disease Control and Prevention maintains that the risk to the general public remains low. While the federal government has recorded 71 human cases of bird flu across the country, none have been identified in Kansas.

Health officials continue to monitor the situation, advising poultry owners to implement strict biosecurity measures to prevent further spread between commercial and wild populations.

<figure>
 <img src="https://media.eaglewebservices.com/public/2022/11/1669652221835.jpeg" alt="Avian Influenza Bird Flu (MO Agriculture)" />
 <figcaption>Avian Influenza Bird Flu (MO Agriculture)</figcaption>
 </figure>By RYAN SKAITHKansas currently holds the highest number of confirmed bird flu infections in the United States, with recent outbreaks in two northeast counties pushing the state’s total to more than 400,000 affected birds.According to the U.S. Department of Agriculture, the surge in highly pathogenic avian influenza (HPAI) has impacted four commercial operations and six backyard flocks across the state. The most significant loss occurred in Pottawatomie County, where a commercial egg-laying facility reported 380,000 birds affected by the virus.In neighboring Nemaha County, officials recently confirmed the virus in a commercial gamebird flock of more than 4,000 birds. The USDA reports that 65 flocks have been impacted nationwide as the virus continues to spread through migratory bird patterns.Despite the high number of poultry infections, the Centers for Disease Control and Prevention maintains that the risk to the general public remains low. While the federal government has recorded 71 human cases of bird flu across the country, none have been identified in Kansas.Health officials continue to monitor the situation, advising poultry owners to implement strict biosecurity measures to prevent further spread between commercial and wild populations.

Northeast Kansas bird flu outbreaks push state to highest infection rate in U.S.

Enrollment for the USDA’s ARC and PLC Programs will not open until after the 2026 planting season. AgroLatam said the announcement comes as USDA readies a 61-page final rule implementing updates required by the One Big Beautiful Bill Act of 2025. Key changes include higher PLC reference prices, a 90 percent guarantee level for ARC, and expanded base acre eligibility for farmers with historically non-program crops. USDA Undersecretary for Farm Production and Conservation Richard Fordyce said the delays are due to the Farm Service Agency workload and the complex nature of implementing the new federally-mandated provisions. 

According to the rule, farmers will likely know their 2026 production and yields before enrolling in PLC and ARC – a significant shift in timing that could allow more informed decisions but may compress the planning window for each U.S. producer. At the same time, enrollment in the Dairy Margin Coverage began on Monday, January 12. 

Enrollment for the USDA’s ARC and PLC Programs will not open until after the 2026 planting season. AgroLatam said the announcement comes as USDA readies a 61-page final rule implementing updates required by the One Big Beautiful Bill Act of 2025. Key changes include higher PLC reference prices, a 90 percent guarantee level for ARC, and expanded base acre eligibility for farmers with historically non-program crops. USDA Undersecretary for Farm Production and Conservation Richard Fordyce said the delays are due to the Farm Service Agency workload and the complex nature of implementing the new federally-mandated provisions. According to the rule, farmers will likely know their 2026 production and yields before enrolling in PLC and ARC – a significant shift in timing that could allow more informed decisions but may compress the planning window for each U.S. producer. At the same time, enrollment in the Dairy Margin Coverage began on Monday, January 12. -NAFB

ARC/PLC enrollment delayed until after planting

Recognizing the vital role that dogs often play on family farms and ranches, Farm Bureau launched the Farm Dog of the Year contest several years ago, which is now a popular feature of the American Farm Bureau’s National Convention. The winner of this year’s award is Max, a four-year-old Border Collie owned by John, Charla, and Brynley Enns of Oklahoma. AFBF, with support from Nestle, picked Max as the winner from among almost 100 entries. 

Max fills a number of roles on the farm, but his primary occupation is herding cattle. His assistance is valuable for John, who’s disabled and uses a mobility scooter. “I can’t imagine doing this without Max,” said John Enns. “Max is not only a working dog, but also great with the family.” After a long day of herding boisterous cattle on mostly hilly terrain, Max often accompanies John and Charla to pick up daughter Brynley from school. 

Recognizing the vital role that dogs often play on family farms and ranches, Farm Bureau launched the Farm Dog of the Year contest several years ago, which is now a popular feature of the American Farm Bureau’s National Convention. The winner of this year’s award is Max, a four-year-old Border Collie owned by John, Charla, and Brynley Enns of Oklahoma. AFBF, with support from Nestle, picked Max as the winner from among almost 100 entries. Max fills a number of roles on the farm, but his primary occupation is herding cattle. His assistance is valuable for John, who’s disabled and uses a mobility scooter. “I can’t imagine doing this without Max,” said John Enns. “Max is not only a working dog, but also great with the family.” After a long day of herding boisterous cattle on mostly hilly terrain, Max often accompanies John and Charla to pick up daughter Brynley from school. -NAFB

Farm Bureau selects farm 'Dog of the Year'

The USDA’s January World Agricultural Supply and Demand Estimates Report said the 2025-2026 U.S. corn outlook is for larger production, higher feed and residual use, reduced food, seed, and industrial use, and greater ending stocks. With more supply and less usage, corn stocks rose by 198 million bushels to 2.2 billion. The season-average corn price for producers was raised ten cents to $4.10 per bushel. 

The U.S. soybean supply was raised by 17 million bushels on higher beginning stocks and production. Soybean ending stocks rose 60 million bushels to 350 million, and the season-average soybean price for farmers is projected to be 30 cents lower at $10.20 per bushel. The 2025-2026 wheat outlook this month is for slightly larger supplies, lower domestic use, unchanged exports, and larger ending stocks. Projected wheat ending stocks were raised by 25 million bushels to 926 million, up eight percent from the previous year. The season-average farm price dropped by a dime to $4.90 per bushel. 

The USDA’s January World Agricultural Supply and Demand Estimates Report said the 2025-2026 U.S. corn outlook is for larger production, higher feed and residual use, reduced food, seed, and industrial use, and greater ending stocks. With more supply and less usage, corn stocks rose by 198 million bushels to 2.2 billion. The season-average corn price for producers was raised ten cents to $4.10 per bushel. The U.S. soybean supply was raised by 17 million bushels on higher beginning stocks and production. Soybean ending stocks rose 60 million bushels to 350 million, and the season-average soybean price for farmers is projected to be 30 cents lower at $10.20 per bushel. The 2025-2026 wheat outlook this month is for slightly larger supplies, lower domestic use, unchanged exports, and larger ending stocks. Projected wheat ending stocks were raised by 25 million bushels to 926 million, up eight percent from the previous year. The season-average farm price dropped by a dime to $4.90 per bushel. -NAFB

USDA issues January WASDE report

March corn down 24 1/4 cents per bushel, March soybeans were down 13 1/2 cents, March KC wheat was down 3 1/2 cents, March Chicago wheat was down 6 cents and March Minneapolis wheat was down 1 1/4 cents.

Corn, soybeans and wheat all fell hard at midday following the shockingly bearish yield, production, stocks and acreage reports from the USDA. Corn and soy yields hit records, with corn production and December 1 stocks reaching the same milestone. Harvested corn acres also surged by an unexpected 1.3 million acres, while both soybean and wheat ending stocks also rose.

The live cattle complex was mostly higher moving into Monday's closing bell, as traders were pleased to see that after Friday's close, the fed cash cattle market did see higher prices in the South. It seems as though traders have been reluctant to overly advance the contracts without seeing more robust fundamental support. Monday's WASDE report shared mostly supportive news for the cattle and beef markets of 2026. Beef production for 2026 was increased by 10 million pounds as carcass weights continue to grow bigger. Beef imports for 2026 were increased by 75 million pounds as shipments from Oceania and South America are expected to continue. Beef exports for 2026 were decreased by 60 million pounds as the price of beef remains a limiting export factor. Boxed beef prices are higher: choice up $1.64 ($357.27) and select up $3.17 ($355.34) with a movement of 22 loads (14.54 loads of choice, 3.46 loads of select, zero loads of trim and 3.95 loads of ground beef).

The feeder cattle complex also traded mostly higher into Monday's close, despite the fact that some of the furthest deferred months were trading slightly lower. Much like the live cattle complex, the feeder cattle complex again seems willing to advance the contracts -- but is hungry to see more fundamental support as the market is facing some new resistance. Thankfully feeder cattle demand was strong last week and hopefully buyers will meet sales with the same level of enthusiasm as they did last week.

The lean hog complex continued to trade lower as the market simply hasn't seen enough fundamental support for traders to feel comfortable pushing the market back up to its resistance threshold. Last week packers weren't very aggressive in the cash market, so one would assume they'll need to be more active this week. But so far they aren't showing much interest.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/12142023/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn down 24 1/4 cents per bushel, March soybeans were down 13 1/2 cents, March KC wheat was down 3 1/2 cents, March Chicago wheat was down 6 cents and March Minneapolis wheat was down 1 1/4 cents.Corn, soybeans and wheat all fell hard at midday following the shockingly bearish yield, production, stocks and acreage reports from the USDA. Corn and soy yields hit records, with corn production and December 1 stocks reaching the same milestone. Harvested corn acres also surged by an unexpected 1.3 million acres, while both soybean and wheat ending stocks also rose.LIVESTOCK:The live cattle complex was mostly higher moving into Monday's closing bell, as traders were pleased to see that after Friday's close, the fed cash cattle market did see higher prices in the South. It seems as though traders have been reluctant to overly advance the contracts without seeing more robust fundamental support. Monday's WASDE report shared mostly supportive news for the cattle and beef markets of 2026. Beef production for 2026 was increased by 10 million pounds as carcass weights continue to grow bigger. Beef imports for 2026 were increased by 75 million pounds as shipments from Oceania and South America are expected to continue. Beef exports for 2026 were decreased by 60 million pounds as the price of beef remains a limiting export factor. Boxed beef prices are higher: choice up $1.64 ($357.27) and select up $3.17 ($355.34) with a movement of 22 loads (14.54 loads of choice, 3.46 loads of select, zero loads of trim and 3.95 loads of ground beef).The feeder cattle complex also traded mostly higher into Monday's close, despite the fact that some of the furthest deferred months were trading slightly lower. Much like the live cattle complex, the feeder cattle complex again seems willing to advance the contracts -- but is hungry to see more fundamental support as the market is facing some new resistance. Thankfully feeder cattle demand was strong last week and hopefully buyers will meet sales with the same level of enthusiasm as they did last week.The lean hog complex continued to trade lower as the market simply hasn't seen enough fundamental support for traders to feel comfortable pushing the market back up to its resistance threshold. Last week packers weren't very aggressive in the cash market, so one would assume they'll need to be more active this week. But so far they aren't showing much interest.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/12142023/web-closing-markets.mp3">Click HERE for audio</a>

Agriculture policy analysts say 2026 could mark the end of the traditional five-year U.S. farm bill era, as lawmakers struggle to produce comprehensive legislation. The most recent farm bill provisions expired in 2023 and Congress has extended them annually since, leaving perennial programs in limbo. Experts say shifting political priorities and partisan divides have complicated efforts to craft a broad farm policy package that addresses commodity supports, conservation, nutrition and rural development. 

Without a full farm bill, many programs are funded through short-term fixes, delaying long-term planning for producers. Agriculture advocates warn that prolonged uncertainty could impact crop insurance, disaster assistance and trade programs. Some lawmakers are calling for scaled-down legislation focusing on critical elements, while stakeholders stress the need for stability in federal agricultural policy.

Agriculture policy analysts say 2026 could mark the end of the traditional five-year U.S. farm bill era, as lawmakers struggle to produce comprehensive legislation. The most recent farm bill provisions expired in 2023 and Congress has extended them annually since, leaving perennial programs in limbo. Experts say shifting political priorities and partisan divides have complicated efforts to craft a broad farm policy package that addresses commodity supports, conservation, nutrition and rural development. Without a full farm bill, many programs are funded through short-term fixes, delaying long-term planning for producers. Agriculture advocates warn that prolonged uncertainty could impact crop insurance, disaster assistance and trade programs. Some lawmakers are calling for scaled-down legislation focusing on critical elements, while stakeholders stress the need for stability in federal agricultural policy.-NAFB

Uncertainty grows over future of U.S. farm bill legislation

State officials are warning livestock producers after a confirmed case of New World screwworm was found about 215 miles from the Texas border in Mexico. The parasitic pest, which can cause serious livestock injury and economic loss, was detected in a 7-year-old bovine, according to the Texas Department of Agriculture. Texas Agriculture Commissioner Sid Miller said there’s no evidence the pest has established a breeding population, but producers along the border should inspect animals daily for open wounds and report suspicious cases immediately. 

USDA’s Animal and Plant Health Inspection Service is collaborating with Mexican animal health officials in monitoring and response efforts, Miller added. While the screwworm hasn’t yet been detected in the U.S., rapid reporting and early intervention remain critical to preventing spread, officials said. Livestock owners are encouraged to review biosecurity protocols and contact vets if concerned.

State officials are warning livestock producers after a confirmed case of New World screwworm was found about 215 miles from the Texas border in Mexico. The parasitic pest, which can cause serious livestock injury and economic loss, was detected in a 7-year-old bovine, according to the Texas Department of Agriculture. Texas Agriculture Commissioner Sid Miller said there’s no evidence the pest has established a breeding population, but producers along the border should inspect animals daily for open wounds and report suspicious cases immediately. USDA’s Animal and Plant Health Inspection Service is collaborating with Mexican animal health officials in monitoring and response efforts, Miller added. While the screwworm hasn’t yet been detected in the U.S., rapid reporting and early intervention remain critical to preventing spread, officials said. Livestock owners are encouraged to review biosecurity protocols and contact vets if concerned.-NAFB

New world screwworm detected near Texas border

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>

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