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HOEVEN VOTES TO RESTORE TARIFFS ON SOLAR PANELS THAT UTILIZE CHINA-MANUFACTURED PARTS

Senator John Hoeven today issued the following statement after voting for a Congressional Review Act (CRA) resolution to impose tariffs on solar panels utilizing parts manufactured in China. The resolution would repeal a rule issued by the Biden administration waiving tariffs on solar panels imported from Cambodia, Malaysia, Thailand and Vietnam, despite evidence that manufacturers in these countries are utilizing parts from China, circumventing U.S. antidumping and tariff laws. The resolution passed the Senate by a vote of 56-41.

“We need to push back on China’s predatory trade practices and prevent dumping in the U.S. solar panel market, which would undermine our domestic energy industry,” said Hoeven. “By issuing this waiver, the Biden administration is enabling manufacturers in these four countries to circumvent our nation’s laws. Our nation cannot afford to become more reliant on China, particularly for energy. This resolution will not only uphold the law, it is a step towards supporting U.S. energy independence.”

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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.