The last session of negotiations on COVID-19 relief legislation between Democratic House and Republican Senate leaders was on Friday, with no progress made. As a result, on Saturday, President Trump issued four executive orders that would:
Implement a payroll tax cut holiday from 1 August 2020 through the end of the year.
Direct the Department of Housing and Urban Development and other federal agencies to prohibit evictions.
Establish a $400-per-week addition to the paycheck protection program for workers (the payment was $600 per week which expired on 1 August).
Provide relief for student loan repayments.
The move met with opposition from the Democratic leadership and some Congressional Repu...
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...
