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NFU Sends Letter to Congress Urging Support for Lower Food and Fuel Costs Act

In a letter to Congress today, National Farmers Union (NFU) expressed support for the Lower Food and Fuel Costs Act and urged Members to support this critical legislation that will provide fairness to farmers, lower prices for consumers, and fight back against decades of consolidation in agriculture. A link to the letter can be found here.

“The Lower Food and Fuel Costs Act includes a host of Farmers Union priorities that will provide fairness for farmers,” said NFU President Rob Larew“Farmers Union members are in strong support of bolstering USDA’s ability to investigate consolidation in the livestock industry that has been squeezing profits away from farmers and ranchers. NFU is also supportive of the provisions to expand processing capacity that will give our members more opportunities to get their products to their communities.

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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.