Pro Farmer
In a 34-17 vote, the House Agriculture Committee has approved a new Farm Bill proposal, advancing the Farm, Food and National Security Act of 2026 after a lengthy markup session.
The grain and oilseed surged higher early in the overnight session but have since fell well off session highs.
Grains rally as crude oil soars above $100 a barrel
Strait of Hormuz virtually closed as marketplace reassesses war’s timeline.
Bloomberg Spot Commodity Index surpasses 2022 peak as energy markets soar
The situation in Iran drove fertilizer prices higher this week while raising shortage fears. Analysts warn higher input costs could shift up to 1 million 1.5 million acres from corn to soybeans this spring.
