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Advancing equality in farm markets with USDA rule

By Farms.com

The USDA recently announced a crucial development in agricultural policy with a rule aimed at enhancing competition and preventing unfair practices in the sector. This final rule, becoming effective 60 days post its Federal Register publication, marks a significant stride towards market integrity and fair competition under the Packers and Stockyards Act. 

The rule addresses the critical issues of discrimination, retaliation, and deception in contract farming. By setting clearer standards, it seeks to protect producers and growers in a market landscape that has seen significant consolidation over the past three decades. 

The Biden-Harris administration, through this initiative, emphasizes its dedication to tackling the longstanding challenges faced by producers. By ensuring more equitable access to the marketplace, the rule is expected to foster a new era of fairness and opportunity in agriculture. 

Prohibitions under this rule extend to adverse treatment based on a wide range of factors, including race, gender identity, and cooperative association, among others. It also safeguards producers against retaliation for participating in protected activities and aims to eliminate deceptive practices in the contracting process. 

With specific provisions for monitoring, evaluating, and enforcing compliance, this rule is a cornerstone of USDA's efforts to reinforce fair competition and market integrity. It represents a forward-thinking approach to agricultural policy, ensuring that all producers, regardless of their size or scope, can compete on a fair and equal footing. 

Through these measures, the USDA is not only addressing immediate concerns but also laying the groundwork for a more sustainable and equitable agricultural economy. This initiative is a testament to the administration's commitment to creating a more inclusive and fair playing field for all involved in the agricultural sector.


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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.