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In a rare public admission, the department warned that aggressive immigration enforcement — including drastic reductions in the flow of undocumented migrant workers — is already squeezing the farm labor pool and putting pressure on food supply and prices.
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“Sell the rumor, buy the fact” following Friday’s USDA report
An unexpected increase to corn acres weighing on prices
While USDA lowered both the national corn and soybean yields from August, both were above the average analyst estimate, along with 2025-26 ending stocks.
Yesterday, USDA announced eligible livestock producers will receive disaster recovery assistance through the Emergency Livestock Relief Program for 2023 and 2024 Flood and Wildfire to help offset increased supplemental feed costs.