The Senate is still at work on President Trump’s “Big, Beautiful Bill,” but they are also looking over next year’s budget. It includes the numbers for USDA, along with a nearly $25 billion cut proposed by the White House.
On the radar right now are the Farm Service Agency, NRCS, and the Forest Service. Combined, Ag Secretary Brooke Rollins says the proposed cuts would come out to $23 billion, with the Forest Service seeing the largest decrease at more than 75 percent, but much of that would be transferred to the Interior Department.
SNAP is also under debate with possible cuts next year. Senator Chuck Grassley says cuts to SNAP could end leftover pandemic spending.
“We don’t have the pandemic now as the excuse for spending money. It seems to me it’s legitimate to go back to the program that was pre-pandemic. Otherwise, the pandemic has just been used as an excuse to spend more money, and we don’t need excuses to spend more money with the $36 trillion debt.”
In a call with reporters this week, Senator Grassley voiced support for the bill to bring whole milk back to public schools. Hours later, that bill was passed out of the Senate Ag Committee.
Meat stocks rose seasonally but remain below last year overall, while tighter butter inventories could support dairy prices, and belly stocks warrant close watch for pork markets.
January 26, 2026 03:00 PM
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Payment totals alone do not show financial stress — production costs and net losses complete the picture.
January 26, 2026 02:30 PM
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Heavier weights and strong late-year slaughter supported December production, but lower annual totals highlight ongoing supply tightness heading into 2026.
January 26, 2026 11:19 AM
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Rising import pressure and tougher export competition are likely to persist into 2026, supporting domestic supplies while capping export growth.
January 26, 2026 09:56 AM
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Without additional support, many soybean operations will continue to face financial stress as they prepare for the 2026 crop.
January 26, 2026 09:41 AM
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Placements and marketings beat expectations, but declining on-feed totals and feeder constraints keep the supply story supportive for cattle prices into 2026. Dr. Derrell Peel, with Oklahoma State University, joined us to break down cattle-on-feed numbers and provide his broader market outlook.
January 23, 2026 04:40 PM
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