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AgOutlook Exudes Optimism, Builds Connections

On December 8–9, ag industry leaders and producers from across the state gathered together for South Dakota Soybean Association’s 17th annual AgOutlook Trade Show & Conference at the Ramkota Exhibit Hall in Sioux Falls.

The two-day event offered a variety of learning opportunities, including panel discussions, workshops and presentations covering topics such as regenerative practices, the sustaining influence of women on the future of agriculture, grain marketing, weather forecasting and more.

Meaningful connections built among attendees

AgOutlook also presented an opportunity for farmers to connect, share challenges and build relationships that will help them thrive in today’s ever-evolving industry.

producers

“It is fantastic to see people with such passion,” said South Dakota Soybean executive director Jerry Schmitz. “Having those conversations about agriculture builds our foundation of knowledge and helps us to assist and support each other.”

It was likewise encouraging to bring so many other South Dakota commodity groups and farmer-led organizations under one roof, where they were able to exchange ideas and explore ways to collaborate on initiatives that serve the interests of the state’s ag producers.

The South Dakota Soybean Association annual meeting consumed much of Wednesday’s activities, followed by a ceremony to celebrate the 2021 yield contest winners as well as the evening Uniting Ag Social gathering.

Optimism prevails for state’s soybean producers

While 2021 was a difficult year for soybean production across the state due to pervasive drought conditions, the event retained a largely positive tone.

This sort of optimism traces its roots to the tangible momentum in market demand for soybeans and expanding uses for soy-based products—including biodiesel, asphalt sealant, rubber tires, artificial turf and more.

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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.