Farm Bill Action Unlikely in Senate Until After Midterm Elections

The Senate’s version of the farm bill isn’t expected to be put to a vote in the chamber before the election and instead senators and House lawmakers will informally conference to work out differences, Senate Agriculture Committee Chairman John Boozman (R-Ark.) said Thursday. “We’ll get together with the House and the Senate and discuss and figure out a path,” Boozman said.

China Hasn’t Met Pledge to Increase US Ag Purchases, Except for Soybeans

China is over halfway to meeting its pledge to buy 25 million tons of US soybeans this year, but progress on a separate commitment to spend at least $17 billion more on American crops has largely stalled. In the first seven months of 2026, China bought only $3.9 billion of U.S. agricultural products, excluding soybeans, according to the most recent Agriculture Department data, only slightly more than during the same period last year.

Record Diesel Prices Threaten Farm Margins as Harvest Begins

Skyrocketing diesel costs are threatening to squeeze farm profits, just as U.S. crop growers were starting to catch a break. The average price of U.S. diesel reached a new all-time high of $5.94 a gallon on Wednesday, up four cents from the prior record set Monday over the travel-heavy Labor Day weekend, according to automobile club AAA. Prices are up 61% from a year ago.

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