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House Ag Committee Advances Disaster Aid Bill for 2020 and 2021

Today, the House Agriculture Committee advanced the 2020 WHIP+ Reauthorization Act (H.R. 267), which would provide authorization for the Wildfire and Hurricane Indemnity Program Plus (WHIP+) in 2020 and 2021. This legislation would broaden the assistance available via WHIP+ and authorize $8.5 billion in disaster aid for eligible causes of loss.

“NAWG is pleased to see the House Agriculture Committee working in a bipartisan fashion to deliver much-needed assistance to growers impacted by natural disasters,” said NAWG CEO Chandler Goule. “Currently, wheat growers in the upper plains and across the western United States are experiencing an unprecedented drought. This legislation makes meaningful improvements to WHIP+, particularly in the trigger for drought assistance, excessive heat, and freeze. 

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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.