The FSIS budget has become one of the more delicate political issues in the past few years because of the 2011 Budget Control Act that reestablished the sequestration process.
The subcommittee on Agriculture, Rural Development, Food and Drug Administration and Related Agencies of the House Appropriations Committee held a hearing yesterday on the Food Safety Inspection Service (FSIS). At the hearing, Deputy Undersecretary for Food Safety Al Almanza noted that the president's FY 2016 budget request for FSIS was set at $1.012 billion including $60.9 million for state inspection programs, $3.7 million for Codex and an additional $2.5 million for catfish inspection. Indeed, the 2008 and 2014 Farm Bills contained provisions requiring USDA to e...
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...
