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Still Time to Be Counted in the 2020 Local Food Marketing Practices Survey

Farmers and ranchers still have time to respond to their 2020 Local Food Marketing Practices Survey, according to the U.S. Department of Agriculture's (USDA) National Agricultural Statistics Service (NASS). NASS will continue to accept responses through April to ensure an accurate picture of U.S. local and regional food systems.
 
"The Local Food Marketing Practices Survey is conducted in support of the growing demand for local and regional food systems," said NASS Administrator Hubert Hamer. "The data are vital to understanding the many benefits of this sector. They will inform industry decisions and assist producers, researchers, policymakers, USDA officials, and more. NASS is committed to giving producers every opportunity to be counted in this special study."
 
The 2020 Local Food Marketing Practices Survey is part of the Census of Agriculture program and as such is required by federal law. These federal laws require producers to respond and USDA to keep identities and answers confidential. Over the next several weeks, NASS will follow-up with additional mailings and phone calls to farmers and ranchers who have not yet responded. Producers are encouraged to complete their questionnaire online at www.agcounts.usda.gov, by mail, or phone as soon as possible. All information collected will be used for statistical purposes only and published on the NASS website in aggregate form this November.
Source : usda.gov

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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.