This month’s WASDE report showed a bullish outlook on soybeans. USDA made cuts to both soybean and corn numbers and left the South American crop unchanged.
An economist says both marketplaces are uncertain with the news about the South American crop and the potential for trade wars with the incoming Administration. It is something that traders are watching, but they warn there are several other factors at play moving forward.
“This is something that we’ve got to keep an eye on, but the big questions remain, as I said with the corn, it’s the South American production. And then we do have to concern ourselves with risk to prices based off of any tariffs coming in with the new Presidency and potential trade wars,” said Greg McBride.
Also on everyone’s radar in the coming weeks is Brooke Rollins, President-elect Trump’s pick to lead USDA. Cabinet nominees have begun their confirmation hearings this week. So far, Rollins’ hearing has not been scheduled.
The USDA’s February WASDE report looms as the CME Ag Economy Barometer shows declining farmer confidence, and more ag industry groups calling for swift policy action.
February 06, 2026 04:18 PM
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Danny Munch of the American Farm Bureau joined us to discuss USDA’s latest farm income forecast, revisions to prior estimates, and what the updated data means for farmers heading into 2026.
February 06, 2026 12:27 PM
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Representative Henry Cuellar (D-TX), who sits on the U.S. House Appropriations Committee, spoke exclusively with RFD NEWS about what Congress is doing to address screwworm concerns, including funding for a sterile fly production facility in Mexico.
February 06, 2026 12:07 PM
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More flexible export financing could strengthen demand in emerging markets and support higher U.S. agricultural exports.
February 06, 2026 07:00 AM
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China-led demand continues to anchor soybean and sorghum exports despite weekly swings.
February 04, 2026 06:00 AM
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Shrinking slaughter capacity may delay heifer retention, complicating herd rebuilding plans.
February 03, 2026 02:26 PM
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