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Will We See A Familiar Face In The US Department Of Agriculture?

US President Joe Biden is now sitting in the Oval Office in Washington, DC.
 
One of his top priorities will be finalizing his inner cabinet.
 
Tom Vilsack is expected to return as Secretary of Agriculture a role he served in under the Obama Administration.
 
Federal Agriculture Minister Marie-Claude Bibeau says the change in the White House means we should have a partner that is more predictable:
 
"We know that the Americans will always be a tough trading partner, but in the same time, I'm confident that we will have discussions based on science. That we will be able to trust that they will comply with the agreement that we have both signed. This predictability will be very much appreciated."
 
Some farm groups here in Canada may have some issues with Vilsack's return, remembering the battles over U.S. country-of-origin labelling and Canada's supply managed sector.
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2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?

Video: 2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?


Despite a Super Strong El Nino the early South American soybean planting pace is ahead of schedule.
The long-term forecast looks dry for the North but wet for the South including Argentina.
China bought 1.5 mmt of U.S. soybeans this week with rumors of 2 mmt and now at 68% of 25 mmt commitment.
The question mark remains the Chinese pledge towards the $17 billion in ag purchases.
NOPA weekly crush report was lower than expected. Another hot U.S. wholesale inflation print this week.
Investors rotating out of AI
Weak U.S. pork demand weighing on hogs
+ CFTC.