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Secretary Naig Comments on the U.S. Supreme Court’s Decision in Sackett v. EPA

Iowa Secretary of Agriculture Mike Naig released the following statement today after the United States Supreme Court issued a decision in the case of Sackett v. EPA:

“The Supreme Court’s decision is a step in the right direction, by finally addressing significant regulatory uncertainty that has lingered for far too long. The decision better defines the regulatory scope of the federal government as it relates to America's land and water. Curtailing this expensive and burdensome federal overreach gives Iowa farmers the confidence to continue using modern farming practices and will allow further acceleration of important conservation work across our state.”

Source : iowaagriculture.gov

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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.