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IL Corn Joins Over 300 Ag Groups in Washington to Advocate for New Farm Bill

By Haley Bickelhaupt

With Congress back in session, farmers and association leaders advocated for a farm bill, this week, in Washington D.C.

On Monday, over 300 agricultural groups sent a letter to House and Senate leadership requesting new legislation by the end of the year. The current farm bill expires September 30, 2024, and an extension is being negotiated. However, approaching elections have created road blocks,  heightening political dynamics and increasing partisan divides.

To raise awareness for a farm bill, IL Corn participated in the National Corn Growers Association September fly-in and met with members of the House Agriculture Committee. The groups highlighted the importance of the bill considering economic struggles farmers are facing in the Midwest.

“It is critical that Congress pass a new farm bill that strengthens the safety net as many producers are facing multiple years of not being profitable and this is causing their overall financial situation to deteriorate,” the letter said.

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.