Neither the political left nor right possesses a monopoly on hypocrisy, but today’s example involves Iowa agribusiness owner Bruce Ratstetter, who is reported (NJ.com) to be on the list to become USDA secretary should Donald Trump win election as president.
Ag Hypocrisy Neither the political left nor right possesses a monopoly on hypocrisy, but today’s example involves Iowa agribusiness owner Bruce Ratstetter, who is reported (NJ.com) to be on the list to become USDA secretary should Donald Trump win election as president. One of his major objectives is to end the federal government’s regulations on farming, although he makes significant money from the Renewable Fuel Standard (RFS). In a similar vein, Trump&rsq...
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...