The Rural Mainstreet Index climbed above a growth-neutral score of 50.0 for January. That’s according to the latest monthly survey of bank CEO’s in rural areas of a ten-state region. The January index was at 52.0, its highest reading since July 2023, and up from December’s 50.1. “More than one in three bankers, or 34.7 percent, indicated that their local economy was currently in a recession,” said Dr. Ernie Goss of Creighton University. “Another 27 percent of them expect their local economy to experience recession conditions in the first half of 2026.” 

Regarding President Trump’s imposition of tariffs, almost 40 percent of the bankers support pulling back on tariffs. After rising above growth-neutral in December, the farm and ranchland index fell below the threshold in January with a reading of 46.0. The farm equipment sales index sank to a very weak 18.8, but was up from December’s even weaker 15.0. 

The Rural Mainstreet Index climbed above a growth-neutral score of 50.0 for January. That’s according to the latest monthly survey of bank CEO’s in rural areas of a ten-state region. The January index was at 52.0, its highest reading since July 2023, and up from December’s 50.1. “More than one in three bankers, or 34.7 percent, indicated that their local economy was currently in a recession,” said Dr. Ernie Goss of Creighton University. “Another 27 percent of them expect their local economy to experience recession conditions in the first half of 2026.” Regarding President Trump’s imposition of tariffs, almost 40 percent of the bankers support pulling back on tariffs. After rising above growth-neutral in December, the farm and ranchland index fell below the threshold in January with a reading of 46.0. The farm equipment sales index sank to a very weak 18.8, but was up from December’s even weaker 15.0. -NAFB

January Rural Mainstreet Index above growth neutral

March corn closed up 3 1/2 cents and May corn was up 3 1/4 cents. March soybeans closed up 7 3/4 cents and May soybeans were up 8 1/4 cents. March KC wheat closed up 9 1/2 cents, March Chicago wheat was up 12 3/4 cents, March Minneapolis wheat was up 2 1/4 cents.

Wheat futures again led the U.S. grain markets higher on Wednesday, putting in a double-digit move higher in Kansas City markets to the highest close in over two months. Corn and soybean futures were also higher, with corn futures catching an early burst of momentum following pro-E15 remarks by President Trump during his speech in Iowa on Tuesday, but eventually faded from daily highs amid a general lack of news to sustain prices. In outside markets, the U.S. dollar recovered after hitting four-year lows on Tuesday, but remains down sharply over the past week. Crude oil and other energy markets were firm as well and added a layer of support to ag markets at midweek.

The live cattle complex wasn't confident at the day's initial start, but the market had longer timeframe to trade, the complex grew stronger. The contracts pushed past the market's resistance and trending higher into the day's closing bell. It's somewhat questionable where traders were getting the additional support from this morning, as boxed beef prices were mixed and we've yet to see any trade in the fed cash cattle market. But maybe traders' confidence lies in the fact that they believe fed cash cattle prices will trade higher later this week and that Friday's Cattle Inventory report will be bullish. I hope all those claims come to fruit. At this point, no cash cattle trade has developed and both bids and asking prices remain elusive. Boxed beef prices are mixed: choice up $1.14 ($369.25) and select down $1.45 ($363.73) with a movement of 50 loads (31.60 loads of choice, 4.20 loads of select, 5.22 loads of trim and 8.48 loads of ground beef).

The feeder cattle complex was also trading higher into Wednesday's closing bell as the market finds it comforting to see the live cattle contracts trading in a positive manner. As long as the live cattle contracts maintain their upward momentum, it's likely that the feeder cattle contracts will as well.

The lean hog contracts were back to trading lower as the market seems to be facing some technical exhaustion after a significant rally over the last month. Thankfully, pork cutout values were still trading higher, so traders should find some support there, but for the meantime, the market's direction is lower.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/28143234/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed up 3 1/2 cents and May corn was up 3 1/4 cents. March soybeans closed up 7 3/4 cents and May soybeans were up 8 1/4 cents. March KC wheat closed up 9 1/2 cents, March Chicago wheat was up 12 3/4 cents, March Minneapolis wheat was up 2 1/4 cents.Wheat futures again led the U.S. grain markets higher on Wednesday, putting in a double-digit move higher in Kansas City markets to the highest close in over two months. Corn and soybean futures were also higher, with corn futures catching an early burst of momentum following pro-E15 remarks by President Trump during his speech in Iowa on Tuesday, but eventually faded from daily highs amid a general lack of news to sustain prices. In outside markets, the U.S. dollar recovered after hitting four-year lows on Tuesday, but remains down sharply over the past week. Crude oil and other energy markets were firm as well and added a layer of support to ag markets at midweek.LIVESTOCK:The live cattle complex wasn't confident at the day's initial start, but the market had longer timeframe to trade, the complex grew stronger. The contracts pushed past the market's resistance and trending higher into the day's closing bell. It's somewhat questionable where traders were getting the additional support from this morning, as boxed beef prices were mixed and we've yet to see any trade in the fed cash cattle market. But maybe traders' confidence lies in the fact that they believe fed cash cattle prices will trade higher later this week and that Friday's Cattle Inventory report will be bullish. I hope all those claims come to fruit. At this point, no cash cattle trade has developed and both bids and asking prices remain elusive. Boxed beef prices are mixed: choice up $1.14 ($369.25) and select down $1.45 ($363.73) with a movement of 50 loads (31.60 loads of choice, 4.20 loads of select, 5.22 loads of trim and 8.48 loads of ground beef).The feeder cattle complex was also trading higher into Wednesday's closing bell as the market finds it comforting to see the live cattle contracts trading in a positive manner. As long as the live cattle contracts maintain their upward momentum, it's likely that the feeder cattle contracts will as well.The lean hog contracts were back to trading lower as the market seems to be facing some technical exhaustion after a significant rally over the last month. Thankfully, pork cutout values were still trading higher, so traders should find some support there, but for the meantime, the market's direction is lower. <a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/28143234/web-closing-markets.mp3">Click HERE for audio</a>

Commodity markets daily recap

Clean Fuels Alliance America sent a letter to President Donald Trump highlighting the biodiesel, renewable diesel, and sustainable aviation fuel industry’s contribution to U.S. energy security and rural prosperity. The President is embarking on visits across the country to highlight economic conditions. The letter emphasizes that the industry’s growth is at risk as farmers and fuel producers await regulatory rules, specifically the Renewable Fuel Standards for 2026 and 2027, and rules for the Section 45Z Clean Fuel Production Credit that were due under the prior administration.

“Our industry has made substantial investments to meet America’s demand for energy security and rural economic prosperity,” CFA wrote. “Our progress is threatened by delays in policy decisions that should have been made in the previous administration, and we’re hopeful you will quickly finalize these policies and secure your promise as the most pro-biofuel president in history.” 

Clean Fuels Alliance America sent a letter to President Donald Trump highlighting the biodiesel, renewable diesel, and sustainable aviation fuel industry’s contribution to U.S. energy security and rural prosperity. The President is embarking on visits across the country to highlight economic conditions. The letter emphasizes that the industry’s growth is at risk as farmers and fuel producers await regulatory rules, specifically the Renewable Fuel Standards for 2026 and 2027, and rules for the Section 45Z Clean Fuel Production Credit that were due under the prior administration.“Our industry has made substantial investments to meet America’s demand for energy security and rural economic prosperity,” CFA wrote. “Our progress is threatened by delays in policy decisions that should have been made in the previous administration, and we’re hopeful you will quickly finalize these policies and secure your promise as the most pro-biofuel president in history.” -NAFB

Clean Fuels Alliance wants 45Z rules finalized

Over 70 FFA student members serving as state officers in their respective states started the new year by exploring the history, culture, and agricultural practices of Spain through the National FFA’s International Leadership Seminar for State Officers. The Seminar is an annual program designed to develop awareness of global agriculture and enhance the cultural competency of student members. The traveling state officers help lead more than one million members in over 9,200 local FFA chapters in all 50 states, Puerto Rico, and the U.S. Virgin Islands. 

“During the trip, students had the opportunity to both demonstrate their knowledge and learn about diverse agriculture practices across the globe,” said Joe Martin, program specialist with the National FFA Organization. “These experiences overseas help state officers share the unique agriculture practices of Spain with members of their home state associations.” State officers on the trip came from Alaska, Delaware, Florida, Iowa, Missouri and multiple other states.  

Over 70 FFA student members serving as state officers in their respective states started the new year by exploring the history, culture, and agricultural practices of Spain through the National FFA’s International Leadership Seminar for State Officers. The Seminar is an annual program designed to develop awareness of global agriculture and enhance the cultural competency of student members. The traveling state officers help lead more than one million members in over 9,200 local FFA chapters in all 50 states, Puerto Rico, and the U.S. Virgin Islands. “During the trip, students had the opportunity to both demonstrate their knowledge and learn about diverse agriculture practices across the globe,” said Joe Martin, program specialist with the National FFA Organization. “These experiences overseas help state officers share the unique agriculture practices of Spain with members of their home state associations.” State officers on the trip came from Alaska, Delaware, Florida, Iowa, Missouri and multiple other states. -NAFB

FFA members travel to Spain for observation

March corn closed down 2 1/4 cents and May corn was down 2 cents. March soybeans closed down 6 cents and May soybeans were down 5 1/2 cents. March KC wheat closed down 11 cents, March Chicago wheat was down 7 cents, March Minneapolis wheat was down 5 1/4 cents.

Traders worked to remove weather related risk premium from U.S. wheat markets on Monday, with the severe cold event forecast to improve by midweek and decent snow cover across much of the U.S. leading to minimal crop damage thoughts for now. Meanwhile, corn and soybean markets also relaxed from firm closing prices on Friday, on a mix of negative influence from wheat as well as technical pressure. Outside markets were mixed with the story of the day being gold's record-breaking push over $5,000 per ounce for the first time ever on Monday. Investors continue to pour money into the commodity amid heightened geopolitical uncertainty, with markets now zeroing in on the possibility of another government shutdown with funding set to expire on Jan. 30.

Up until the last hour, the live cattle market was trading mostly mixed as traders seemed overwhelmed by the market's technical resistance. Lo and behold, as the noon hour neared, another gust of support seemed to overcome the live cattle complex. The market doesn't however seem confident in either direction as it's longing to see continued fundamental support to justify a higher trend. And it's not likely that enough support will develop until we see what happens in this week's fed cash cattle trade, which meant a teeter-totter like behavior today in the futures complex and the contracts finished softly lower. Still no trade has developed in the fed cash cattle complex and it's mostly likely that trade will be delayed until Thursday at the earliest and likely wait until Friday. It is assumed that prices will trend higher again this week as fed cash cattle supplies are tight, and packers can't afford to be short bought. Boxed beef prices are mixed: choice up $0.37 ($369.27) and select down $2.55 ($364.57) with a movement of 59 loads (42.36 loads of choice, 4.51 loads of select, zero loads of trim and 12.24 loads of ground beef).

The feeder cattle complex traded in the exact same manner as the live cattle complex is, as its market was taking more of a mixed approach into Tuesday's noon hour. More than anything, traders seem to want to keep the feeder cattle contracts aligned with the overall direction of the live cattle market. At the same time, traders know supplies are likely to remain thin in the near term and see that as a justification to keep the furthest deferred contracts trading higher, but the feeders likewise finished softly lower.

The lean hog complex traded fully higher into Tuesday's closing bell, although a couple of the nearby contacts are traded slightly lower for some of the session. More than anything, the market's uptick in consumer demand seems to be encouraging traders to continue to push the complex higher.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/27134519/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAIN:March corn closed down 2 1/4 cents and May corn was down 2 cents. March soybeans closed down 6 cents and May soybeans were down 5 1/2 cents. March KC wheat closed down 11 cents, March Chicago wheat was down 7 cents, March Minneapolis wheat was down 5 1/4 cents.Traders worked to remove weather related risk premium from U.S. wheat markets on Monday, with the severe cold event forecast to improve by midweek and decent snow cover across much of the U.S. leading to minimal crop damage thoughts for now. Meanwhile, corn and soybean markets also relaxed from firm closing prices on Friday, on a mix of negative influence from wheat as well as technical pressure. Outside markets were mixed with the story of the day being gold's record-breaking push over $5,000 per ounce for the first time ever on Monday. Investors continue to pour money into the commodity amid heightened geopolitical uncertainty, with markets now zeroing in on the possibility of another government shutdown with funding set to expire on Jan. 30.LIVESTOCK:Up until the last hour, the live cattle market was trading mostly mixed as traders seemed overwhelmed by the market's technical resistance. Lo and behold, as the noon hour neared, another gust of support seemed to overcome the live cattle complex. The market doesn't however seem confident in either direction as it's longing to see continued fundamental support to justify a higher trend. And it's not likely that enough support will develop until we see what happens in this week's fed cash cattle trade, which meant a teeter-totter like behavior today in the futures complex and the contracts finished softly lower. Still no trade has developed in the fed cash cattle complex and it's mostly likely that trade will be delayed until Thursday at the earliest and likely wait until Friday. It is assumed that prices will trend higher again this week as fed cash cattle supplies are tight, and packers can't afford to be short bought. Boxed beef prices are mixed: choice up $0.37 ($369.27) and select down $2.55 ($364.57) with a movement of 59 loads (42.36 loads of choice, 4.51 loads of select, zero loads of trim and 12.24 loads of ground beef).The feeder cattle complex traded in the exact same manner as the live cattle complex is, as its market was taking more of a mixed approach into Tuesday's noon hour. More than anything, traders seem to want to keep the feeder cattle contracts aligned with the overall direction of the live cattle market. At the same time, traders know supplies are likely to remain thin in the near term and see that as a justification to keep the furthest deferred contracts trading higher, but the feeders likewise finished softly lower.The lean hog complex traded fully higher into Tuesday's closing bell, although a couple of the nearby contacts are traded slightly lower for some of the session. More than anything, the market's uptick in consumer demand seems to be encouraging traders to continue to push the complex higher.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/27134519/web-closing-markets.mp3">Click HERE for audio</a>

Commodity market daily recap

House Ag Committee Ranking Member Angie Craig (MN) introduced the “Farm and Family Relief Act,” calling it a bill introduced to provide meaningful relief to family farmers. The bill would also help those getting crushed by inflation and higher costs caused by President Donald Trump’s tariffs and Republican cuts to the Supplemental Nutrition Assistance Program. 

“Family farmers have been hit hard by tariffs and lost market opportunities,” Craig said when introducing the bill this month. “The Farm and Family Relief Act helps get America back on track by supporting farmers, foresters, and families together and putting an end to the president’s ill-conceived tariffs.” A new report from Joint Economic Committee Democrats said President Trump’s inflation cost the average family $1,625 in the past year. Fruit and vegetable prices are up 5.3 percent, while hardworking Americans paid $310 more for groceries in 2025 than the year before. 

House Ag Committee Ranking Member Angie Craig (MN) introduced the “Farm and Family Relief Act,” calling it a bill introduced to provide meaningful relief to family farmers. The bill would also help those getting crushed by inflation and higher costs caused by President Donald Trump’s tariffs and Republican cuts to the Supplemental Nutrition Assistance Program. “Family farmers have been hit hard by tariffs and lost market opportunities,” Craig said when introducing the bill this month. “The Farm and Family Relief Act helps get America back on track by supporting farmers, foresters, and families together and putting an end to the president’s ill-conceived tariffs.” A new report from Joint Economic Committee Democrats said President Trump’s inflation cost the average family $1,625 in the past year. Fruit and vegetable prices are up 5.3 percent, while hardworking Americans paid $310 more for groceries in 2025 than the year before. -NAFB

House democrats introduce “Farm and Family Relief Act”

Deputy Agriculture Secretary Stephen Vaden said two companies have been working together to control the price of fertilizer in the U.S. by limiting supplies. Reports said Vaden’s collusion accusation against Mosaic and Nutrien could suggest the administration may take future steps to inject more competition into the markets, if it becomes necessary. During a webinar hosted by the National Agricultural Law Center, Vaden said, “This administration is going to do everything it can to ensure that farmers have the fertilizer they’ll need and at a price they can pay. We’re not going to permit these companies to do anything that might undermine that.” 

He also said Nutrien and Mosaic were responsible for over 90 percent of phosphate fertilizer and potash production in North America during 2024. Farm Action, an ag industry accountability group, said only seven companies control 70 percent of crop input sales, including Nutrien Ag Solutions, the retail business of Nutrien. 

Deputy Agriculture Secretary Stephen Vaden said two companies have been working together to control the price of fertilizer in the U.S. by limiting supplies. Reports said Vaden’s collusion accusation against Mosaic and Nutrien could suggest the administration may take future steps to inject more competition into the markets, if it becomes necessary. During a webinar hosted by the National Agricultural Law Center, Vaden said, “This administration is going to do everything it can to ensure that farmers have the fertilizer they’ll need and at a price they can pay. We’re not going to permit these companies to do anything that might undermine that.” He also said Nutrien and Mosaic were responsible for over 90 percent of phosphate fertilizer and potash production in North America during 2024. Farm Action, an ag industry accountability group, said only seven companies control 70 percent of crop input sales, including Nutrien Ag Solutions, the retail business of Nutrien. -NAFB

Vaden accuses companies of fertilizer collusion

March corn closed down 2 1/4 cents and May corn was down 2 cents. March soybeans closed down 6 cents and May soybeans were down 5 1/2 cents. March KC wheat closed down 11 cents, March Chicago wheat was down 7 cents, March Minneapolis wheat was down 5 1/4 cents.

Last Friday was a whirlwind of developing factors for the live cattle market to note and keep track of, between the fed cash cattle that finally developed, and the monthly Cattle on Feed report that was released. Thankfully, the neutral to slightly bearish tone of the Cattle on Feed report was quickly overlooked by the strong developments in the fed cash cattle market, as traders elected to again push the live cattle contracts higher today. What will remain an obstacle for the market to manage this week is the technical resistance that's formed in the live cattle complex. There's an argument to be made that the market could potentially break through that barrier if fed cash cattle prices are higher again this week, but that's taking a fairly bullish look at the marketplace. Even if prices do trade higher again this week, there's a strong likelihood that traders won't want to challenge that threshold, especially considering that later this week, the highly anticipated Cattle Inventory report is set to be released. New showlists appear to be mixed, higher in Texas, but lower in Kansas, and Nebraska/Colorado.

Boxed beef prices are higher: choice up $0.33 ($369.25) and select up $3.58 ($365.97) with a movement of 50 loads (32.53 loads of choice, 3.84 loads of select, 4.95 loads of trim and 8.53 loads of ground beef).

The feeder cattle contracts were also trading higher as the market finds power and momentum in the fact that fed cash cattle prices continue to scale higher. So long as the live cattle contracts continue to trade higher, the feeder cattle complex will also likely do the same.

And last but not least, the lean hog contracts were also enjoying a mild rally into midday Monday. The market has seen steady support from consumers, which has helped encourage the contracts to continue to trade higher, although the market is continuing to drive to new contract highs when it does so.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/26140354/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed down 2 1/4 cents and May corn was down 2 cents. March soybeans closed down 6 cents and May soybeans were down 5 1/2 cents. March KC wheat closed down 11 cents, March Chicago wheat was down 7 cents, March Minneapolis wheat was down 5 1/4 cents.Traders worked to remove weather related risk premium from U.S. wheat markets on Monday, with the severe cold event forecast to improve by midweek and decent snow cover across much of the U.S. leading to minimal crop damage thoughts for now. Meanwhile, corn and soybean markets also relaxed from firm closing prices on Friday, on a mix of negative influence from wheat as well as technical pressure. Outside markets were mixed with the story of the day being gold's record-breaking push over $5,000 per ounce for the first time ever on Monday. Investors continue to pour money into the commodity amid heightened geopolitical uncertainty, with markets now zeroing in on the possibility of another government shutdown with funding set to expire on Jan. 30.LIVESTOCK:Last Friday was a whirlwind of developing factors for the live cattle market to note and keep track of, between the fed cash cattle that finally developed, and the monthly Cattle on Feed report that was released. Thankfully, the neutral to slightly bearish tone of the Cattle on Feed report was quickly overlooked by the strong developments in the fed cash cattle market, as traders elected to again push the live cattle contracts higher today. What will remain an obstacle for the market to manage this week is the technical resistance that's formed in the live cattle complex. There's an argument to be made that the market could potentially break through that barrier if fed cash cattle prices are higher again this week, but that's taking a fairly bullish look at the marketplace. Even if prices do trade higher again this week, there's a strong likelihood that traders won't want to challenge that threshold, especially considering that later this week, the highly anticipated Cattle Inventory report is set to be released. New showlists appear to be mixed, higher in Texas, but lower in Kansas, and Nebraska/Colorado.Boxed beef prices are higher: choice up $0.33 ($369.25) and select up $3.58 ($365.97) with a movement of 50 loads (32.53 loads of choice, 3.84 loads of select, 4.95 loads of trim and 8.53 loads of ground beef).The feeder cattle contracts were also trading higher as the market finds power and momentum in the fact that fed cash cattle prices continue to scale higher. So long as the live cattle contracts continue to trade higher, the feeder cattle complex will also likely do the same.And last but not least, the lean hog contracts were also enjoying a mild rally into midday Monday. The market has seen steady support from consumers, which has helped encourage the contracts to continue to trade higher, although the market is continuing to drive to new contract highs when it does so.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/26140354/web-closing-markets.mp3">Click HERE for audio</a>

Growth Energy, the nation’s largest biofuel trade association, was very unhappy after it was announced that a legislative fix for year-round E15 was dropped from the January government funding bill. It was further incensed that Congress would instead form a “rural energy council” to formulate another compromise bill with petroleum interests, and with expectations for a vote in February. “What an incredible travesty as Congress picked refiners over American farmers and drivers today,” said Growth Energy CEO Emily Skor. 

“E15 delivers cost savings for consumers and generates long-term demand for American agriculture, facts that have been well-known for over a decade.” She also said the debate involves the simple act of allowing consumers the choice to buy a better value fuel year-round. This failure will lead to farmers missing out on a critical market during the worst farm crisis in four decades. “It’s imperative we get this over the finish line in an expedited manner,” Skor added.

Growth Energy, the nation’s largest biofuel trade association, was very unhappy after it was announced that a legislative fix for year-round E15 was dropped from the January government funding bill. It was further incensed that Congress would instead form a “rural energy council” to formulate another compromise bill with petroleum interests, and with expectations for a vote in February. “What an incredible travesty as Congress picked refiners over American farmers and drivers today,” said Growth Energy CEO Emily Skor. “E15 delivers cost savings for consumers and generates long-term demand for American agriculture, facts that have been well-known for over a decade.” She also said the debate involves the simple act of allowing consumers the choice to buy a better value fuel year-round. This failure will lead to farmers missing out on a critical market during the worst farm crisis in four decades. “It’s imperative we get this over the finish line in an expedited manner,” Skor added.-NAFB

Rural Energy Council is a “disgrace”

The Agriculture Council of America is proud to announce the celebration of National Ag Day on March 24, 2026. The annual event recognizes and celebrates the abundance provided by agriculture, acknowledging the essential role it plays in our daily lives. This year’s theme is “Agriculture: Together we grow: Celebrating 250 Years of Progress in Agriculture.” 

This year’s theme emphasizes the collaborative efforts of farmers, ranchers, and all stakeholders in the agricultural sector who work tirelessly to provide safe, abundant, and affordable products, and also recognizes 250 years of progress. A series of events is scheduled in Washington, D.C., and virtually, to mark the day, including an Ag Day Virtual Event. At 9:00 am, a livestream of events from the USDA will also be available. Ag Day at the USDA will run from 8:30 am to Noon at the USDA’s Whitten Patio, where attendees will hear from multiple speakers. 

The Agriculture Council of America is proud to announce the celebration of National Ag Day on March 24, 2026. The annual event recognizes and celebrates the abundance provided by agriculture, acknowledging the essential role it plays in our daily lives. This year’s theme is “Agriculture: Together we grow: Celebrating 250 Years of Progress in Agriculture.” This year’s theme emphasizes the collaborative efforts of farmers, ranchers, and all stakeholders in the agricultural sector who work tirelessly to provide safe, abundant, and affordable products, and also recognizes 250 years of progress. A series of events is scheduled in Washington, D.C., and virtually, to mark the day, including an Ag Day Virtual Event. At 9:00 am, a livestream of events from the USDA will also be available. Ag Day at the USDA will run from 8:30 am to Noon at the USDA’s Whitten Patio, where attendees will hear from multiple speakers. -NAFB

National Ag Day activities announced

March corn closed up 2 1/4 cents and May corn was up 2 1/2 cents. March soybeans closed down 1/2 cent and May soybeans were up 1 1/4 cents. March KC wheat closed up 6 cents, March Chicago wheat was up 7 3/4 cents, March Minneapolis wheat was up 10 cents.

Thursday was another quiet session across U.S. crop markets with oilseeds relaxing following a midweek surge on Wednesday, likely the result of hitting some technical resistance points on respective charts. Wheat futures recovered from a sluggish start to the week with Kansas City futures again challenging upside resistance ahead of a weekend of severe winter weather across the United States. Outside markets saw equities complete a two-day recovery of Tuesday's tariff-induced selloff, a common theme through the past year as such value breaks have been viewed as buying opportunities. Natural gas continues to be the most compelling outside market, going from three-month price lows to three-year highs in the course of three trading days, although profit-taking has since taken the top end out of the rally on Thursday. Crude oil and diesel prices moved lower on Thursday, influencing a softer soybean oil market as well.

With still no lofty developments yet in this week's fed cash cattle market, the live cattle contracts were trading on both sides of unchanged throughout the session on Thursday. It's also not been helpful that midday boxed beef prices were lower, which is a seasonal trend for this time, but either way, it doesn't "feel" good to a market that's looking for increased fundamental support. Asking prices are noted in the North at $370 but are still not established in the South. Trade could likely be delayed until after Friday's Cattle on Feed report. Boxed beef prices are lower: choice down $0.22 ($365.89) and select down $2.41 ($360.04) with a movement of 56 loads (36.72 loads of choice, 5.00 loads of select, zero loads of trim and 14.19 loads of ground beef).

The feeder cattle complex continued to trade mixed and in a sideways fashion headed into the closing bell, and the market is again following in the wake of the live cattle complex. The market will likely maintain a sideways chop until Friday's Cattle on Feed report is released.

The lean hog complex got back to trading softly higher as traders are seeing continued support in pork demand and are willing to scale the contracts higher even though the market is already trading at new contract highs in the spot April contract. The cash market is trading in a thin manner again today, but packers did buy over 2,000 head in Wednesday's market, which is a "big" movement compared to recent days.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/22141730/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 1/2 cents. March soybeans closed down 1/2 cent and May soybeans were up 1 1/4 cents. March KC wheat closed up 6 cents, March Chicago wheat was up 7 3/4 cents, March Minneapolis wheat was up 10 cents.Thursday was another quiet session across U.S. crop markets with oilseeds relaxing following a midweek surge on Wednesday, likely the result of hitting some technical resistance points on respective charts. Wheat futures recovered from a sluggish start to the week with Kansas City futures again challenging upside resistance ahead of a weekend of severe winter weather across the United States. Outside markets saw equities complete a two-day recovery of Tuesday's tariff-induced selloff, a common theme through the past year as such value breaks have been viewed as buying opportunities. Natural gas continues to be the most compelling outside market, going from three-month price lows to three-year highs in the course of three trading days, although profit-taking has since taken the top end out of the rally on Thursday. Crude oil and diesel prices moved lower on Thursday, influencing a softer soybean oil market as well.LIVESTOCK:With still no lofty developments yet in this week's fed cash cattle market, the live cattle contracts were trading on both sides of unchanged throughout the session on Thursday. It's also not been helpful that midday boxed beef prices were lower, which is a seasonal trend for this time, but either way, it doesn't "feel" good to a market that's looking for increased fundamental support. Asking prices are noted in the North at $370 but are still not established in the South. Trade could likely be delayed until after Friday's Cattle on Feed report. Boxed beef prices are lower: choice down $0.22 ($365.89) and select down $2.41 ($360.04) with a movement of 56 loads (36.72 loads of choice, 5.00 loads of select, zero loads of trim and 14.19 loads of ground beef).The feeder cattle complex continued to trade mixed and in a sideways fashion headed into the closing bell, and the market is again following in the wake of the live cattle complex. The market will likely maintain a sideways chop until Friday's Cattle on Feed report is released.The lean hog complex got back to trading softly higher as traders are seeing continued support in pork demand and are willing to scale the contracts higher even though the market is already trading at new contract highs in the spot April contract. The cash market is trading in a thin manner again today, but packers did buy over 2,000 head in Wednesday's market, which is a "big" movement compared to recent days.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/22141730/web-closing-markets.mp3">Click HERE for audio</a>

The 37th annual Midland Empire Farm, Home, and Rural Lifestyle Show is returning to Civic Arena in St. Joseph this weekend.

Event director, Cindi Cornelius says the event is family friendly with something for everyone. "We love having the kids show up. We have a kid's petting zoo and a kid's activity area upstairs as well, along with a lot of shopping vendors."

With nearly 100 vendors expected to participate at the farm show, Cornelius says she's excited to utilize the space at Civic Arena since the renovations. "We've struggled since Covid but we're back to using both levels this year. The restrooms have been expanded up and down, and the facility looks fantastic, so we're excited."

Cornelius says more food options have been added this year, some of which include Texas Roadhouse, The Enchilada Lady, and The Quilted Cookie. "We'll also have kettle corn, canned pickles, quail eggs, jams, jellies, breads, and brownies, so something for everyone. There will definitely be plenty of food for folks to purchase."

Attendees can also register to win a $250 DeWalt gift card from Family Center Farm and Home, with one winner each day.

Saturday only will feature a free MO Child Identification program.

The farm show takes place Jan. 23 and 24. Hours on Friday are 10:00 a.m.&nbsp; - 8:00 p.m. and Saturday from 9:00 a.m. - 4:00 p.m. Admission is free.

<figure>
 <img src="https://media.eaglewebservices.com/public/2024/3/1710257124627.jpeg" alt="Civic Arena" />
 <figcaption>Civic Arena</figcaption>
 </figure>(By RYAN SKAITH)The 37th annual Midland Empire Farm, Home, and Rural Lifestyle Show is returning to Civic Arena in St. Joseph this weekend.Event director, Cindi Cornelius says the event is family friendly with something for everyone. "We love having the kids show up. We have a kid's petting zoo and a kid's activity area upstairs as well, along with a lot of shopping vendors."With nearly 100 vendors expected to participate at the farm show, Cornelius says she's excited to utilize the space at Civic Arena since the renovations. "We've struggled since Covid but we're back to using both levels this year. The restrooms have been expanded up and down, and the facility looks fantastic, so we're excited."Cornelius says more food options have been added this year, some of which include Texas Roadhouse, The Enchilada Lady, and The Quilted Cookie. "We'll also have kettle corn, canned pickles, quail eggs, jams, jellies, breads, and brownies, so something for everyone. There will definitely be plenty of food for folks to purchase."Attendees can also register to win a $250 DeWalt gift card from Family Center Farm and Home, with one winner each day.Saturday only will feature a free MO Child Identification program.The farm show takes place Jan. 23 and 24. Hours on Friday are 10:00 a.m.&nbsp; - 8:00 p.m. and Saturday from 9:00 a.m. - 4:00 p.m. Admission is free.

37th annual Midland Empire Farm Show in St. Joseph this weekend

Iowa’s corn and ethanol industry faces continued decline without immediate approval of nationwide, year-round sales of E15 gasoline and access to ultra-low carbon fuel markets, according to a new study released by Iowa Corn and the Iowa Renewable Fuels Association. The study comes as farmers confront a corn carryout exceeding 2 billion bushels and rising input costs for fertilizer, seed and machinery. It estimates corn prices at $1.52 per bushel, a level that could force some producers to downsize or leave farming without expanded demand. 

Iowa remains the nation’s top corn producer and a leading ethanol state, with yields rising about 15% faster than the U.S. average, the study said. However, new markets are critical to sustaining growth. Iowa Corn Growers Association President Mark Mueller said passage of year-round E15 would help stabilize demand but is not enough long term. He said access to ultra-low carbon ethanol markets, including sustainable aviation and marine fuels, depends on investments such as carbon capture and sequestration pipelines. “Without new corn demand, Iowa could face a 1980s-style farm crisis,” Mueller said.

Iowa’s corn and ethanol industry faces continued decline without immediate approval of nationwide, year-round sales of E15 gasoline and access to ultra-low carbon fuel markets, according to a new study released by Iowa Corn and the Iowa Renewable Fuels Association. The study comes as farmers confront a corn carryout exceeding 2 billion bushels and rising input costs for fertilizer, seed and machinery. It estimates corn prices at $1.52 per bushel, a level that could force some producers to downsize or leave farming without expanded demand. Iowa remains the nation’s top corn producer and a leading ethanol state, with yields rising about 15% faster than the U.S. average, the study said. However, new markets are critical to sustaining growth. Iowa Corn Growers Association President Mark Mueller said passage of year-round E15 would help stabilize demand but is not enough long term. He said access to ultra-low carbon ethanol markets, including sustainable aviation and marine fuels, depends on investments such as carbon capture and sequestration pipelines. “Without new corn demand, Iowa could face a 1980s-style farm crisis,” Mueller said.-NAFB

Analysis shows need for E15 for Iowa’s corn and ethanol industry

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

Tuesday was an overall mixed to lower day across U.S. row-crop markets, with grain futures easing and oilseed futures surrendering early gains and a selling mindset overtook most markets by early afternoon. Most of the early positive influence on the soybean complex likely came via outside energy markets on Tuesday, with crude oil futures firm on buying interest following last week's profit-taking pullback, and natural gas futures leading the sector with a 25% daily surge amid a return to very cold conditions across the U.S. after a very mild past month. Lastly, stocks and the U.S. Dollar Index both saw intense selling to start the shortened trading week following a heightening of tensions between the U.S. and Europe over President Trump's plans to acquire Greenland, with the president threatening a fresh round of tariff increases on eight countries if a deal is not reached allowing for the U.S. purchase of Greenland.

Following last Friday's sharp decline, the live cattle complex traded cautiously higher into the closing bell on Tuesday. The spot April contract is hovering above the market's 100-day moving average, which remains a very critical threshold to monitor, as a close below that price point could signal continued downward pressure. Still nothing has developed in this week's fed cash cattle market and won't likely until Thursday or Friday. New showlists appear to be mixed, higher in Kansas, about steady in Nebraska/Colorado, but lower in Texas. Boxed beef prices are mixed: choice up $1.99 ($366.32) and select down $0.79 ($359.54) with a movement of 54 loads (42.95 loads of choice, 6.13 loads of select, zero loads of trim and 5.24 loads of ground beef).

And much like the live cattle complex, the feeder cattle contracts are trading slightly higher into midday Tuesday following last Friday's severe break. The feeder cattle complex will likely continue to follow in the live cattle market's wake, waiting and hoping for increased fundamental support.

The lean hog complex is traded narrowly mixed on Tuesday, seeming technically unafraid that the market is breaking into new contract highs in the spot April contract. It is worth noting that pork cutouts were higher, but it will remain critical that fundamental support remains strong this week if traders are going to keep their momentum in the market.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/20142724/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed down 1 cents and May corn was down 3/4 cents. March soybeans closed down 4 3/4 cents and May soybeans were down 4 3/4 cents. March KC wheat closed down 4 1/4 cents, March Chicago wheat was down 7 3/4 cents, March Minneapolis wheat was down 3 cents.Tuesday was an overall mixed to lower day across U.S. row-crop markets, with grain futures easing and oilseed futures surrendering early gains and a selling mindset overtook most markets by early afternoon. Most of the early positive influence on the soybean complex likely came via outside energy markets on Tuesday, with crude oil futures firm on buying interest following last week's profit-taking pullback, and natural gas futures leading the sector with a 25% daily surge amid a return to very cold conditions across the U.S. after a very mild past month. Lastly, stocks and the U.S. Dollar Index both saw intense selling to start the shortened trading week following a heightening of tensions between the U.S. and Europe over President Trump's plans to acquire Greenland, with the president threatening a fresh round of tariff increases on eight countries if a deal is not reached allowing for the U.S. purchase of Greenland.LIVESTOCK:Following last Friday's sharp decline, the live cattle complex traded cautiously higher into the closing bell on Tuesday. The spot April contract is hovering above the market's 100-day moving average, which remains a very critical threshold to monitor, as a close below that price point could signal continued downward pressure. Still nothing has developed in this week's fed cash cattle market and won't likely until Thursday or Friday. New showlists appear to be mixed, higher in Kansas, about steady in Nebraska/Colorado, but lower in Texas. Boxed beef prices are mixed: choice up $1.99 ($366.32) and select down $0.79 ($359.54) with a movement of 54 loads (42.95 loads of choice, 6.13 loads of select, zero loads of trim and 5.24 loads of ground beef).And much like the live cattle complex, the feeder cattle contracts are trading slightly higher into midday Tuesday following last Friday's severe break. The feeder cattle complex will likely continue to follow in the live cattle market's wake, waiting and hoping for increased fundamental support. The lean hog complex is traded narrowly mixed on Tuesday, seeming technically unafraid that the market is breaking into new contract highs in the spot April contract. It is worth noting that pork cutouts were higher, but it will remain critical that fundamental support remains strong this week if traders are going to keep their momentum in the market.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/20142724/web-closing-markets.mp3">Click HERE for audio</a>

The U.S. Supreme Court will review the Durnell Roundup case. Monsanto had petitioned the court to hear Durnell in April 2025. The company asked the Court to address the split in authority among federal circuit courts on the application of federal preemption, a cross-cutting issue in the Roundup litigation. The company expects a decision on the merits during the Court’s 2026 session, which ends in June. 

“The Supreme Court decision to take the case is good news for U.S. farmers, who need regulatory clarity,” said Bayer CEO Bill Anderson. “It’s also an important step in our multi-pronged strategy to significantly contain this legislation.” Anderson also said it’s time for the U.S. legal system to establish that companies should not be punished under state laws for complying with federal warning label requirements, as every leading regulator in the world has concluded that glyphosate-based herbicides can be used safely.

The U.S. Supreme Court will review the Durnell Roundup case. Monsanto had petitioned the court to hear Durnell in April 2025. The company asked the Court to address the split in authority among federal circuit courts on the application of federal preemption, a cross-cutting issue in the Roundup litigation. The company expects a decision on the merits during the Court’s 2026 session, which ends in June. “The Supreme Court decision to take the case is good news for U.S. farmers, who need regulatory clarity,” said Bayer CEO Bill Anderson. “It’s also an important step in our multi-pronged strategy to significantly contain this legislation.” Anderson also said it’s time for the U.S. legal system to establish that companies should not be punished under state laws for complying with federal warning label requirements, as every leading regulator in the world has concluded that glyphosate-based herbicides can be used safely.-NAFB

Bayer statement on Supreme Court case

The U.S. chicken industry is on a decades-long winning streak. Steady growth in consumer demand, coupled with efficiency gains in broiler production have powered the sector’s remarkable growth during the last thirty years. According to a new report from CoBank’s Knowledge Exchange, the near-term outlook for broiler production remains exceptionally strong. But the opportunities for increasing output are becoming more limited. Higher capital costs, tight labor availability, and increased local regulation have stalled site expansions. 

Chick availability has trended downward as genetic priorities have shifted from hatchability to meat yield, and adding more pounds per bird has its limits. “The potential long-term challenge becomes how big is too big for birds on the processing line, and what will drive consumer preferences for chicken products into 2030 and beyond,” said Brian Earnest, lead animal protein economist at CoBank. With a change in genetics, producers can now get over 1,000 pounds of chicken from a single egg-laying hen. 

The U.S. chicken industry is on a decades-long winning streak. Steady growth in consumer demand, coupled with efficiency gains in broiler production have powered the sector’s remarkable growth during the last thirty years. According to a new report from CoBank’s Knowledge Exchange, the near-term outlook for broiler production remains exceptionally strong. But the opportunities for increasing output are becoming more limited. Higher capital costs, tight labor availability, and increased local regulation have stalled site expansions. Chick availability has trended downward as genetic priorities have shifted from hatchability to meat yield, and adding more pounds per bird has its limits. “The potential long-term challenge becomes how big is too big for birds on the processing line, and what will drive consumer preferences for chicken products into 2030 and beyond,” said Brian Earnest, lead animal protein economist at CoBank. With a change in genetics, producers can now get over 1,000 pounds of chicken from a single egg-laying hen. -NAFB

Chicken demand keeps rising

By:&nbsp;<a href="https://kansasreflector.com/author/camikoons/">Cami Koons</a>

The American Farm Bureau Federation, along with soybean and specialty crop farm organizations, has asked congressional leadership for economic support to “fill in the gap of remaining losses for both field and specialty crop farmers.”&nbsp;

The&nbsp;<a href="https://www.fb.org/files/1.15.26-Ag-Letter-to-Congress-Economic-Assistance_FINAL.pdf" target="_blank">letter</a>&nbsp;follows a December announcement from the Trump administration of a&nbsp;<a href="https://iowacapitaldispatch.com/2025/12/08/repub/trump-to-send-12-billion-in-one-time-payments-to-farmers-to-offset-ag-losses/" target="_blank">$12 billion</a>&nbsp;one-time package to offset farmer losses across the country.

“These funds could provide a meaningful first step but do not cover the extensive and cumulative losses that farmers have absorbed over the last several years,” the letter said after acknowledging the farmer bridge payment program.&nbsp;

The U.S. Department of Agriculture is allocating the&nbsp;<a href="https://www.fsa.usda.gov/resources/programs/farmer-bridge-assistance-fba-program" target="_blank">funding</a>&nbsp;with commodity specific payment rates and set aside $1 billion of the $12 billion for specialty crop farmers.&nbsp;

The American Soybean Association, a signee on the recently submitted letter, said in a&nbsp;<a href="https://soygrowers.com/news-releases/asa-usda-farmer-bridge-assistance-payments-fall-short-for-soybean-farmers/" target="_blank">news release</a>&nbsp;the $30.88 per acre allotted for soybeans from the payment package was not enough to cover the “significant financial damage soybean farmers sustained this year due to the high cost of production and losses sustained during the China trade war.”&nbsp;

Grant Kimberley,&nbsp;Iowa Soybean Association’s director of market development, said the additional need from farmers is “complicated” and is a result of more than just one event in the past year.&nbsp;

“I think people don’t really realize this has been going on for a couple years now,” Kimberley said. “… Just about every row crop agriculture sector in the whole country has been losing money, probably, for the last three years.”

Kimberley said the ongoing downturn in the industry is due to several factors, including low commodity prices, high input costs, changes in global trade and uncertainty in domestic markets.&nbsp;

Data from Farm Bureau&nbsp;<a href="https://www.fb.org/market-intel/declining-farm-economy-continues-to-pressure-profitability" target="_blank">show</a>&nbsp;that commodity prices for major row crops like corn, soybeans, cotton and wheat have declined each year since 2022.&nbsp;

Kimberley said as the prices that farmers can get for their crops has declined, expenses have not declined, and have instead increased.&nbsp; Land, rent, equipment and inputs like fertilizer, seed and chemicals continue to squeeze farmers’ bottom lines, he said.

Farm Bureau economists found that farm expenses in 2025 were 12% higher than the previous five-year average cost.&nbsp;

Another piece to the puzzle, Kimberley explained, is the growing soybean and row crop markets in Brazil and other South American countries. He said the expansion of these markets has interrupted U.S. demand, especially with big buyers like China.&nbsp;

China also declined to purchase U.S. soybeans for the beginning part of harvest season due to President Donald Trump’s trade policies. While the country later&nbsp;<a href="https://iowacapitaldispatch.com/2025/10/30/farm-groups-encouraged-by-trade-deal-with-china-for-u-s-soybeans/" target="_blank">agreed</a>&nbsp;to a trade deal, Kimberley said it’s less than what the country previously bought from the U.S. and the gap in purchasing this year has also had an effect.&nbsp;

Kimberley also pointed to the lack of finalized guidance from federal agencies on renewable fuel standards and tax credits. Many of these initiatives, like&nbsp;<a href="https://iowacapitaldispatch.com/briefs/biofuel-producers-stuck-in-neutral-without-finalized-tax-credit-guidance/" target="_blank">45Z tax credits</a>&nbsp;for low-carbon fuel, were initiated during the Biden administration and still do not have finalized guidelines.

Other standards, like the U.S. Environmental Protection Agency’s&nbsp;<a href="https://iowacapitaldispatch.com/2025/06/13/epa-proposes-historic-renewable-fuel-blending-standards/" target="_blank">blending standards</a>,&nbsp;were proposed over the summer and have yet to be finalized. Kimberley, who is also executive director of the Iowa Biodiesel Board, said this uncertainty means overall biodiesel production has declined in the state, causing a “ripple in the pond” for soybean demand.

“You can’t really just say it’s this or that, you know, it’s all of these things that have kind of added up a little bit over time,” Kimberley said.

The letter from American Farm Bureau Federation also noted the compounding factors squeezing farmers. According to the letter, farmer bankruptcies are increasing and nationwide farmer losses are approaching $100 billion.&nbsp;

“These trends aren’t just statistics; they represent an economic crisis in rural America,” the letter said.&nbsp;

Specialty crop farmers are also struggling under similar pressures and asked Congress for relief.&nbsp;

The majority of the more than 50 organizations that signed the letter represented specialty crop growers.&nbsp;

In a news release about the letter, the Specialty Crop Farm Bill Alliance said that despite the fact that specialty crops account for more than one-third of all U.S. crop sales, the farmer bridge program from USDA allocated just $1 billion to the industry.&nbsp;

“Any agricultural aid package should reflect the economic contribution of specialty crops, which support rural communities and provide key nutrition,” the alliance leadership said in the release.&nbsp;

The letter, addressed to House and Senate leadership, ask for “immediate” congressionally approved support.&nbsp;

Kimberley said additional changes need to occur in the farm economy for farmers to be profitable, but those changes won’t happen overnight.

“None of these things make farmers whole, and (aid packages) are not preferred, but sometimes they’re necessary,” Kimberley said.&nbsp;

This story was originally produced by&nbsp;<a href="https://iowacapitaldispatch.com/2026/01/16/farm-bureau-soybean-and-specialty-ag-groups-ask-congress-for-additional-farmer-support/" target="_blank">Iowa Capital Dispatch</a>, which is part of States Newsroom, a nonprofit news network which includes Kansas Reflector, and is supported by grants and a coalition of donors as a 501c(3) public charity.

<figure>
 <img src="https://media.eaglewebservices.com/public/2025/10/1761787157829.png" alt="Photo USDA" />
 <figcaption>Photo USDA</figcaption>
 </figure>By:&nbsp;<a href="https://kansasreflector.com/author/camikoons/">Cami Koons</a>The American Farm Bureau Federation, along with soybean and specialty crop farm organizations, has asked congressional leadership for economic support to “fill in the gap of remaining losses for both field and specialty crop farmers.”&nbsp;The&nbsp;<a href="https://www.fb.org/files/1.15.26-Ag-Letter-to-Congress-Economic-Assistance_FINAL.pdf" target="_blank">letter</a>&nbsp;follows a December announcement from the Trump administration of a&nbsp;<a href="https://iowacapitaldispatch.com/2025/12/08/repub/trump-to-send-12-billion-in-one-time-payments-to-farmers-to-offset-ag-losses/" target="_blank">$12 billion</a>&nbsp;one-time package to offset farmer losses across the country.“These funds could provide a meaningful first step but do not cover the extensive and cumulative losses that farmers have absorbed over the last several years,” the letter said after acknowledging the farmer bridge payment program.&nbsp;The U.S. Department of Agriculture is allocating the&nbsp;<a href="https://www.fsa.usda.gov/resources/programs/farmer-bridge-assistance-fba-program" target="_blank">funding</a>&nbsp;with commodity specific payment rates and set aside $1 billion of the $12 billion for specialty crop farmers.&nbsp;The American Soybean Association, a signee on the recently submitted letter, said in a&nbsp;<a href="https://soygrowers.com/news-releases/asa-usda-farmer-bridge-assistance-payments-fall-short-for-soybean-farmers/" target="_blank">news release</a>&nbsp;the $30.88 per acre allotted for soybeans from the payment package was not enough to cover the “significant financial damage soybean farmers sustained this year due to the high cost of production and losses sustained during the China trade war.”&nbsp;Grant Kimberley,&nbsp;Iowa Soybean Association’s director of market development, said the additional need from farmers is “complicated” and is a result of more than just one event in the past year.&nbsp;“I think people don’t really realize this has been going on for a couple years now,” Kimberley said. “… Just about every row crop agriculture sector in the whole country has been losing money, probably, for the last three years.”Kimberley said the ongoing downturn in the industry is due to several factors, including low commodity prices, high input costs, changes in global trade and uncertainty in domestic markets.&nbsp;Data from Farm Bureau&nbsp;<a href="https://www.fb.org/market-intel/declining-farm-economy-continues-to-pressure-profitability" target="_blank">show</a>&nbsp;that commodity prices for major row crops like corn, soybeans, cotton and wheat have declined each year since 2022.&nbsp;Kimberley said as the prices that farmers can get for their crops has declined, expenses have not declined, and have instead increased.&nbsp; Land, rent, equipment and inputs like fertilizer, seed and chemicals continue to squeeze farmers’ bottom lines, he said.Farm Bureau economists found that farm expenses in 2025 were 12% higher than the previous five-year average cost.&nbsp;Another piece to the puzzle, Kimberley explained, is the growing soybean and row crop markets in Brazil and other South American countries. He said the expansion of these markets has interrupted U.S. demand, especially with big buyers like China.&nbsp;China also declined to purchase U.S. soybeans for the beginning part of harvest season due to President Donald Trump’s trade policies. While the country later&nbsp;<a href="https://iowacapitaldispatch.com/2025/10/30/farm-groups-encouraged-by-trade-deal-with-china-for-u-s-soybeans/" target="_blank">agreed</a>&nbsp;to a trade deal, Kimberley said it’s less than what the country previously bought from the U.S. and the gap in purchasing this year has also had an effect.&nbsp;Kimberley also pointed to the lack of finalized guidance from federal agencies on renewable fuel standards and tax credits. Many of these initiatives, like&nbsp;<a href="https://iowacapitaldispatch.com/briefs/biofuel-producers-stuck-in-neutral-without-finalized-tax-credit-guidance/" target="_blank">45Z tax credits</a>&nbsp;for low-carbon fuel, were initiated during the Biden administration and still do not have finalized guidelines.Other standards, like the U.S. Environmental Protection Agency’s&nbsp;<a href="https://iowacapitaldispatch.com/2025/06/13/epa-proposes-historic-renewable-fuel-blending-standards/" target="_blank">blending standards</a>,&nbsp;were proposed over the summer and have yet to be finalized. Kimberley, who is also executive director of the Iowa Biodiesel Board, said this uncertainty means overall biodiesel production has declined in the state, causing a “ripple in the pond” for soybean demand.“You can’t really just say it’s this or that, you know, it’s all of these things that have kind of added up a little bit over time,” Kimberley said.The letter from American Farm Bureau Federation also noted the compounding factors squeezing farmers. According to the letter, farmer bankruptcies are increasing and nationwide farmer losses are approaching $100 billion.&nbsp;“These trends aren’t just statistics; they represent an economic crisis in rural America,” the letter said.&nbsp;Specialty crop farmers are also struggling under similar pressures and asked Congress for relief.&nbsp;The majority of the more than 50 organizations that signed the letter represented specialty crop growers.&nbsp;In a news release about the letter, the Specialty Crop Farm Bill Alliance said that despite the fact that specialty crops account for more than one-third of all U.S. crop sales, the farmer bridge program from USDA allocated just $1 billion to the industry.&nbsp;“Any agricultural aid package should reflect the economic contribution of specialty crops, which support rural communities and provide key nutrition,” the alliance leadership said in the release.&nbsp;The letter, addressed to House and Senate leadership, ask for “immediate” congressionally approved support.&nbsp;Kimberley said additional changes need to occur in the farm economy for farmers to be profitable, but those changes won’t happen overnight.“None of these things make farmers whole, and (aid packages) are not preferred, but sometimes they’re necessary,” Kimberley said.&nbsp;This story was originally produced by&nbsp;<a href="https://iowacapitaldispatch.com/2026/01/16/farm-bureau-soybean-and-specialty-ag-groups-ask-congress-for-additional-farmer-support/" target="_blank">Iowa Capital Dispatch</a>, which is part of States Newsroom, a nonprofit news network which includes Kansas Reflector, and is supported by grants and a coalition of donors as a 501c(3) public charity.

Farm Bureau, soybean and specialty ag groups ask Congress for more support

Celebrations recognizing women’s contributions to agriculture are expected to be widespread this year as the International Year of the Woman Farmer gains momentum across the United States. 

From farm and trade association meetings to state agriculture departments and Capitol Hill, the designation highlights women who lead both on the farm and in agribusiness boardrooms. The United States proposed the resolution to the United Nations General Assembly, which adopted it May 2, 2024, with 123 co-sponsoring countries. “This is long overdue recognition for women who work in every part of agriculture,” said Krysta Harden, former U.S. deputy secretary of agriculture and now president and CEO of the U.S. Dairy Export Council, speaking during a National Association of State Departments of Agriculture video. Harden said women’s contributions range from physical labor in fields and ranches to leadership and decision-making roles. 

According to the latest USDA Census of Agriculture, 1.2 million female farmers operated in the U.S. in 2022, representing 36% of producers, with 58% of farms reporting at least one female producer. Several farm and food organizations have since formed a working group to coordinate activities throughout the year.

Celebrations recognizing women’s contributions to agriculture are expected to be widespread this year as the International Year of the Woman Farmer gains momentum across the United States. From farm and trade association meetings to state agriculture departments and Capitol Hill, the designation highlights women who lead both on the farm and in agribusiness boardrooms. The United States proposed the resolution to the United Nations General Assembly, which adopted it May 2, 2024, with 123 co-sponsoring countries. “This is long overdue recognition for women who work in every part of agriculture,” said Krysta Harden, former U.S. deputy secretary of agriculture and now president and CEO of the U.S. Dairy Export Council, speaking during a National Association of State Departments of Agriculture video. Harden said women’s contributions range from physical labor in fields and ranches to leadership and decision-making roles. According to the latest USDA Census of Agriculture, 1.2 million female farmers operated in the U.S. in 2022, representing 36% of producers, with 58% of farms reporting at least one female producer. Several farm and food organizations have since formed a working group to coordinate activities throughout the year.- NAFB

Celebrating Women Farmers

Congress on Thursday approved a major bipartisan spending package that funds key energy, environment and science agencies for fiscal 2026, but lawmakers stopped short of including protections for a Colorado research lab sought by some Democrats. 

The Senate voted 82-15 to send the roughly $180 billion “minibus” package, covering the Department of Energy, Interior Department, Environmental Protection Agency and other science programs, to President Donald Trump’s desk. The legislation locks in full-year funding after months of negotiations, rejecting deeper cuts proposed by the administration. 

Colorado Sen. Michael Bennet voted against the legislation after pushing unsuccessfully for an amendment to safeguard the National Center for Atmospheric Research in Boulder, a climate and weather research facility. Supporters said the package provides stability for research and environmental programs, while critics raised concerns that it trims some funding and fails to address long-standing agency budget shortfalls.

Congress on Thursday approved a major bipartisan spending package that funds key energy, environment and science agencies for fiscal 2026, but lawmakers stopped short of including protections for a Colorado research lab sought by some Democrats. The Senate voted 82-15 to send the roughly $180 billion “minibus” package, covering the Department of Energy, Interior Department, Environmental Protection Agency and other science programs, to President Donald Trump’s desk. The legislation locks in full-year funding after months of negotiations, rejecting deeper cuts proposed by the administration. Colorado Sen. Michael Bennet voted against the legislation after pushing unsuccessfully for an amendment to safeguard the National Center for Atmospheric Research in Boulder, a climate and weather research facility. Supporters said the package provides stability for research and environmental programs, while critics raised concerns that it trims some funding and fails to address long-standing agency budget shortfalls.- NAFB

Congress Passes Spending Package

The U.S. farm economy is showing widening signs of distress as farmers confront a toxic mix of rising production costs, weak crop prices and shrinking credit access, threatening rural communities nationwide. 

For the third straight year, growers are struggling with unprofitable operations amid record crop yields that have helped depress market values for corn, soybeans and other commodities, according to farmers and industry analysts. Reuters reports fertilizer and other input costs continue to climb in 2026, while net farm income is projected to fall sharply, prolonging financial strain on producers. The economic stress is rippling through rural America, with job losses reported in related sectors such as farm equipment manufacturing and meatpacking. 

Tractors and combines are piling up on dealer lots as sales plunge, and some lenders are tightening credit or turning away borrowers in need of operating funds. Bankruptcies are increasing, with Chapter 12 farm filings rising significantly, and many rural residents worry the downturn could deepen without stronger demand or policy support.

The U.S. farm economy is showing widening signs of distress as farmers confront a toxic mix of rising production costs, weak crop prices and shrinking credit access, threatening rural communities nationwide. For the third straight year, growers are struggling with unprofitable operations amid record crop yields that have helped depress market values for corn, soybeans and other commodities, according to farmers and industry analysts. Reuters reports fertilizer and other input costs continue to climb in 2026, while net farm income is projected to fall sharply, prolonging financial strain on producers. The economic stress is rippling through rural America, with job losses reported in related sectors such as farm equipment manufacturing and meatpacking. Tractors and combines are piling up on dealer lots as sales plunge, and some lenders are tightening credit or turning away borrowers in need of operating funds. Bankruptcies are increasing, with Chapter 12 farm filings rising significantly, and many rural residents worry the downturn could deepen without stronger demand or policy support.- NAFB

Farm Economy Shows Signs of Weakening

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

March corn closed down 21 cents and May corn was down 21 3/4 cents. March soybeans closed down 4 3/4 cents and May soybeans were down 5 3/4 cents. March KC wheat closed down 3 cents, March Chicago wheat was up 3/4 cents and March Minneapolis wheat was down 2 1/2 cents.

Markets continued recovery efforts on Friday to close the week with relatively minimized losses in wheat and soybean futures, while Monday's plunge still leaves the corn market with a significant weekly turn lower. Grain markets will be closed on Monday in observance of Martin Luther King Jr. Day. Wheat was the flagship of the group for Friday, moving double digits higher on increased weather risk for U.S. crops through the weekend. Outside markets were mixed to close the week, with a firm U.S. Dollar on higher Treasury yields, while energy markets recovered from Thursday's risk-off session.

It turned out to be a grim session for the live cattle complex as most of the contracts were trading $3.00 to $4.00 lower into midday and into the close on Friday. Pinpointing why the market is trading lower to such a notable degree is challenging because, up until this point this week, the market has been solely focused on its strong fundamental position. But part of the market's uncertainty could stem from the fact that Thursday afternoon, eight new cases of New World screwworm were detected in Mexico, or because there's yet to be any cash cattle traded, which causes traders to become anxious. Nevertheless, today's downturn is somewhat out of the blue, following a week of mostly bullish sentiment. Boxed beef prices are higher: choice up $1.14 ($361.91) and select up $0.59 ($360.30) with a movement of 53 loads (37.00 loads of choice, 2.54 loads of select, 4.14 loads of trim and 9.53 loads of ground beef).

If you think the downturn in the live cattle complex is steep, don't even take a glimpse at the feeder cattle contracts, as most of them are traded $7.00 to $8.00 lower for the bulk of the session. Unfortunately, given how steep the contracts have declined, it's likely that the market will continue short term downward momentum even though fed cash cattle prices are expected to trade higher.

While the cattle complex plummeted ahead of the weekend, the lean hog contracts were minding their own business, trading mildly higher into Friday's close. It is helpful to note that midday pork cutout values were a tick higher, which continues to lend traders additional fundamental support and help keep the contracts trading higher.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/16145127/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed up 4 1/2 cents and May corn was up 4 1/4 cents. March soybeans closed up 4 3/4 cents and May soybeans were up 4 1/2 cents. March KC wheat closed up 10 cents, March Chicago wheat was up 7 1/2 cents, March MIAX Minneapolis wheat was up 2 1/2 cents.For the Week:March corn closed down 21 cents and May corn was down 21 3/4 cents. March soybeans closed down 4 3/4 cents and May soybeans were down 5 3/4 cents. March KC wheat closed down 3 cents, March Chicago wheat was up 3/4 cents and March Minneapolis wheat was down 2 1/2 cents.Markets continued recovery efforts on Friday to close the week with relatively minimized losses in wheat and soybean futures, while Monday's plunge still leaves the corn market with a significant weekly turn lower. Grain markets will be closed on Monday in observance of Martin Luther King Jr. Day. Wheat was the flagship of the group for Friday, moving double digits higher on increased weather risk for U.S. crops through the weekend. Outside markets were mixed to close the week, with a firm U.S. Dollar on higher Treasury yields, while energy markets recovered from Thursday's risk-off session.LIVESTOCK:It turned out to be a grim session for the live cattle complex as most of the contracts were trading $3.00 to $4.00 lower into midday and into the close on Friday. Pinpointing why the market is trading lower to such a notable degree is challenging because, up until this point this week, the market has been solely focused on its strong fundamental position. But part of the market's uncertainty could stem from the fact that Thursday afternoon, eight new cases of New World screwworm were detected in Mexico, or because there's yet to be any cash cattle traded, which causes traders to become anxious. Nevertheless, today's downturn is somewhat out of the blue, following a week of mostly bullish sentiment. Boxed beef prices are higher: choice up $1.14 ($361.91) and select up $0.59 ($360.30) with a movement of 53 loads (37.00 loads of choice, 2.54 loads of select, 4.14 loads of trim and 9.53 loads of ground beef).If you think the downturn in the live cattle complex is steep, don't even take a glimpse at the feeder cattle contracts, as most of them are traded $7.00 to $8.00 lower for the bulk of the session. Unfortunately, given how steep the contracts have declined, it's likely that the market will continue short term downward momentum even though fed cash cattle prices are expected to trade higher.While the cattle complex plummeted ahead of the weekend, the lean hog contracts were minding their own business, trading mildly higher into Friday's close. It is helpful to note that midday pork cutout values were a tick higher, which continues to lend traders additional fundamental support and help keep the contracts trading higher.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2026/01/16145127/web-closing-markets.mp3">Click HERE for audio</a>

Market estimates show that Brazil surpassed the U.S. as the world’s number one beef producer in 2025. Reports said that happened after Brazil beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze and helping limit a surge in meat prices. Reuters said Brazil was already the biggest beef exporter, with shipments totaling almost $17 billion in 2025. 

Reports said that “Beef production numbers are not due till February, but analysts have recently raised their estimates,” and “Farmers are sending more animals to slaughter and cashing in on high export demand from countries like China and the U.S., where low beef supplies have pushed prices to record levels.” In addition reports also show that beef demand has stayed resilient, despite high prices, and the Trump administration’s overhaul of dietary guidelines putting protein at the top of the food pyramid will likely encourage Americans to buy more meat.

Market estimates show that Brazil surpassed the U.S. as the world’s number one beef producer in 2025. Reports said that happened after Brazil beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze and helping limit a surge in meat prices. Reuters said Brazil was already the biggest beef exporter, with shipments totaling almost $17 billion in 2025. Reports said that “Beef production numbers are not due till February, but analysts have recently raised their estimates,” and “Farmers are sending more animals to slaughter and cashing in on high export demand from countries like China and the U.S., where low beef supplies have pushed prices to record levels.” In addition reports also show that beef demand has stayed resilient, despite high prices, and the Trump administration’s overhaul of dietary guidelines putting protein at the top of the food pyramid will likely encourage Americans to buy more meat.-NAFB

Brazil passes U.S. as top beef producer

New data from the Association of Equipment Manufacturers said sales of ag tractors and combines in the U.S. fell in December 2025 compared to the same time last year. U.S. sales of total ag tractors dropped by 15 percent, while sales of combines declined 4.3 percent in December 2025 compared to the year before. Also, Canadian sales of ag tractors were down almost 14 percent, while combine sales jumped by 26 percent in December compared to the prior year.

 "December’s data is the result of economic instability and pressures farmers have been facing for the past several months,” said Association of Equipment Manufacturers Senior Vice President Curt Blades. “Throughout this short-term decline in sales, equipment manufacturers remain committed to supporting farmers with the equipment they need.” Looking ahead to the rest of 2026, AEM remains confident in the industry’s resilience and unique ability to adapt. 

New data from the Association of Equipment Manufacturers said sales of ag tractors and combines in the U.S. fell in December 2025 compared to the same time last year. U.S. sales of total ag tractors dropped by 15 percent, while sales of combines declined 4.3 percent in December 2025 compared to the year before. Also, Canadian sales of ag tractors were down almost 14 percent, while combine sales jumped by 26 percent in December compared to the prior year. "December’s data is the result of economic instability and pressures farmers have been facing for the past several months,” said Association of Equipment Manufacturers Senior Vice President Curt Blades. “Throughout this short-term decline in sales, equipment manufacturers remain committed to supporting farmers with the equipment they need.” Looking ahead to the rest of 2026, AEM remains confident in the industry’s resilience and unique ability to adapt. -NAFB

U.S. sales of ag tractors, combines decline in December 2025

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>