The new House Democratic majority is in the process of making committee assignments, and the new chairmen are outlining their panels’ agendas. However, it appears that there is more up in the air than settled with the House Agriculture Committee (HAC). Meanwhile, what is known so far are Chairman Collin Peterson’s (D-Minnesota) following plans for the subcommittees:
The Conservation and Forestry subcommittee will add energy to its jurisdiction. The Commodity Exchange, Energy and Credit subcommittee will lose energy policy jurisdiction but gain rural development. The Nutrition subcommittee will effectively become the old Department of Operations and Nutrition (DONUT) subcommittee again, which it had been prior to 2015.
Re...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
