Trump Protects Phosphorus, Glyphosate
President Donald Trump issued an executive order to protect the domestic production of elemental phosphorus and glyphosate. The order gives the Agriculture Secretary authority to direct the production of both crop inputs. It also gives immunity to companies for following the executive order.
USDA Grains and Oilseeds Outlook
Corn production is projected to decline 7% with lower planted acreage and lower yield forecast as well, coming off record production in the 2025-26 crop. Soybean acreage will rise because of projected profitability over other crops, but soybean yield will hold steady.
USDA Livestock, Poultry Outlook
Beef production is expected to decline again in 2026, but growth in pork, turkey and broilers is expected to offset the decline. Consumer demand isn't declining but remains strong and is expected to support prices for the livestock and poultry sectors.