The House and Senate farm bill conference did not meet today as had been expected. The issues were allegedly regarding food aid and dairy programs.
The House and Senate farm bill conference did not meet today as had been expected and as we previously reported. The issues were allegedly regarding food aid and dairy programs. At this point, the conference committee may schedule a meeting next week. However, that is contingent upon Senate Majority Leader Harry Reid (D-Nevada) scheduling floor time prior to the Martin Luther King Day recess that begins 20 January. If floor time is not secured, the conference committee meeting may be delayed. This is because the managers want to limit the time that the final bill is floating around as it coul...
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...
