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USDA’s chief economist says 2026 brings moderating costs, slightly higher crop prices and shifting acreage, but he warns biofuels policy and global competition remain key wild cards for farm income.
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Pro Farmer editors provide daily updates on advice, including if now is a good time to catch up on cash sales.
Wheat pushed to multi-month highs overnight and are leading strength.
USDA Ag Outlook Conference kicks off this morning
According to the National Cotton Council’s (NCC) Planting Intentions Survey, U.S. cotton producers intend to plant 9.0 million cotton acres this spring, a 3.2% decline from 2025, with a nearly 21% drop in the Mid-South.
Confidence in USDA reports is wavering after recent acreage misses, leaving many producers and retailers skeptical. While experts call it the “best data available,” transparency is needed to restore industry trust.