Last night the White House and congressional leadership came to terms on a budget agreement regarding a continuing resolution (CR) through the end of FY 2016 and a debt limit extension through 2017. While few details have been released, one provision has been identified that would cut crop insurance spending.
Last night the White House and congressional leadership came to terms on a budget agreement, the “Bipartisan Budget Agreement of 2015,” regarding a continuing resolution (CR) through the end of FY 2016 and a debt limit extension through 2017. The current short-term CR passed one the eve of the new fiscal year (1 October) and provides funding only through 11 December. President Obama has said he will not sign another shor...
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...
