For the first time since 2009 (FY 2010), Congress actually passed a budget resolution this year. It sets the broad outline of authorized mandatory and appropriated discretionary spending. However, no final appropriations bills have been passed that meet its strictures.
The federal government's FY 2016 starts in 19 days. As can be seen in the table below, no appropriations bill for the new fiscal year has progressed to the point of going to conference. In fact, no bill has passed the full Senate, and the House is only halfway through the 12 bills. Similar to recent past years, some kind of extension of current year spending is likely to be taken up by Congress as time is running out.Four years ago, the federal budget process started with...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
