More than 20 lawmakers have written Ag Secretary Brooke Rollins, warning the plan could go sideways for farmers. They argue Congress was left in the dark and warn any future moves out of the Beltway would be a mistake.
The group of 23 lawmakers who wrote USDA leadership were all democrats, but some Republicans, like Iowa Senator Chuck Grassley, also took issue with the roll out. He says that USDA only came to the table after the fact, leaving lawmakers little time to digest the information.
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Record corn and sorghum crops boost feed grain supplies, while reduced soybean and cotton production tighten outlooks for oilseeds and fiber markets.
Lewis Williamson with HTS Commodities joined us to provide analysis on the January WASDE report and expectations for grain markets going forward.
Market reaction was bearish for corn and soybeans, with analysts noting that abundant supplies amid tepid demand could keep price pressure on agricultural commodities.
Protein markets are fragmenting. Beef is supply-driven and more structurally expensive, whereas pork and poultry remain price-competitive.
Expanding chicken supplies are likely to keep prices under pressure in early 2026 despite steady demand growth.
