Business
China is not one of our top suppliers of cooking oil, according to USDA ERS data, but does export a lot of used cooking oil to the U.S. for biofuel production.
“We oppose the port fees because they are going to have a severe effect on the U.S. economy and, in particular, agricultural exporters and farmers.”
RFD-TV agricultural law and taxation expert Roger McEowen discusses issues concerning farmers and ranchers, such as trade vs. business, income tax basis, croppers, and like-kind exchanges.
Markets
Market reaction was bearish for corn and soybeans, with analysts noting that abundant supplies amid tepid demand could keep price pressure on agricultural commodities.
Rising adoption of GLP-1 drugs may gradually reshape food demand, with potential downstream effects on protein markets and consumer purchasing patterns.
Winter Weather, Drought Shape Early 2026 Farm Conditions
Trade
Mike Steenhoek, with the Soy Transportation Commission, shares his outlook on current grain stocks and transportation lines amid bumper crops filling bins across the United States.
American soybean and corn leaders, along with Canada’s AgriFood sector, testified before the U.S. Trade Representative’s Office in support of the trade pact between the U.S., Mexico, and Canada.
Texas livestock producers face a heightened biosecurity threat as New World screwworm detections in northern Mexico coincide with FDA approval of the first topical treatment.