Farmers were sent checks from the government when corn was $7/bushel but now will not receive a direct payment when corn is down to $4/bushel. Contradictions in Ag Policy Yesterday's Wall Street Journal report about the Occupational Safety and Health Administration ignoring a statutory exemption by redefining the family farm in order to regulate them reminds us of other confusions being heard across the farm fields. For example:
Trans fats are being banned at the same time cigarettes remain legal. Localities are attempting to tax or limit portion sizes for sugary drinks at the same time marijuana is increasingly being legalized, including for recreational use. Farmers were sent checks from the government when corn was $7/bushel but n...
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...