USDA Extends Organic Livestock and Poultry Rule Six More Months

The USDA today extended implementation of the Organic Livestock and Poultry Rule to November 14, an additional six-months beyond the 60-day extension initially put in place by the Trump administration. The USDA will also seek additional public comment on the rule, citing  "significant policy and legal issues addressed within the final rule." NASDA has taken several actions in opposition to the rule both independently and with the livestock and poultry community due to significant animal health, biosecurity, and compliance challenges for organic producers.

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.