World Perspectives
livestock

Farm Bill Day Four Box Score

Today was day four of voting on the Senate farm bill. The following is a recap of today's action.At the time of this report, Senator Jeff Merkley (D-Oregon) was seeking to introduce his amendment that would overturn the Plant Protection Act that limits judges' abilities to act against genetically modified seeds that courts have found to be potentially hazardous. Ranking Minority Member Thad Cochran (R-Mississippi) objected to taking up the Merkley amendment.The Senate leadership is trying to get a finite list of additional amendments that will be offered and will schedule more votes today. After Friday the Senate is in recess for the Memorial Day holiday, and then it hopes to move to the immigration bill upon returning on 3 June...

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May 26 Corn closed at $4.49/bushel, down $0.05 from yesterday's close.  May 26 Wheat closed at $5.98/bushel, up $0.0275 from yesterday's close.  May 26 Soybeans closed at $11.5825/bushel, down $0.085 from yesterday's close.  May 26 Soymeal closed at $311.8/short ton, down $4.8 fr...

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Market Commentary: Risk is Priced In — But Not Yet Believed

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