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USDA NASS to Suspend the October Agricultural Labor Survey

The U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS) intends to suspend the October Agricultural Labor Survey. NASS will not collect data in October and therefore will not publish the biannual Farm Labor report in November. USDA has determined the public can access other data sources for the data collected in the Agricultural Labor Survey.

Public announcement of the intent to change the federal statistical program is available per requirements of the Office of Management and Budget in a Federal Register Notice Information about the farm labor program is available at https://www.nass.usda.gov/Surveys/Guide_to_NASS_Surveys/Farm_Labor.

Source : usda.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.