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CCA Monitoring COOL Discussions In The US

There continues to be rumblings in the US around bringing back Country of Origin Labeling.
 
While there has been no formal discussions, R-CALF reportedly sent Agriculture Secretary Tom Vilsack a proposed draft bill to reinstate Mandatory Country of Origin Labeling.
 
During Vilsack's confirmation hearings in January, he referenced revisiting COOL if it could be done without the WTO slapping it down.
 
Canada and Mexico launched a successful WTO challenge of COOL, when it was implemented under the Obama administration, which resulted in the legislation being repealed in December 2015.
 
The CCA's Executive Vice President Dennis Laycraft says they're monitoring the situation closely.
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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

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.