While it was formed to block Republican leadership from compromising with President Obama on most issues, the conservative House Freedom Caucus is now switching to pursue a new agenda of cutting back regulations under the Trump administration.
The House Freedom Caucus is an informal group of around 40 (there is no set list of membership) of the most ardently conservative members of the House Republican majority. This is the group that unseated former House Speaker John Boehner in 2015, unhappy with his perceived willingness to compromise with President Obama on too many issues. Indeed, its opposition to most of the Obama agenda was the catalyst for its formation and the basis of its power, which proved to be large enough to prevent the R...
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...
