There are 23 committees in the House of Representatives; four have an outsized impact on agriculture, including Agriculture, Ways and Means, Appropriations, and Energy and Commerce. There are some changes in the leadership posts in three of those committees as this week both the Democrat and Republican caucuses made their choices for Chairman and Ranking Member, respectively. The new leaders of committees important to agriculture (in the shaded boxes) are highlighted in the table below.
Chairman-elect Scott is a member of the Blue Dog Coalition of moderate Democrats – as was outgoing Chairman Collin Peterson (D-MN). Upon being selected as Chairman, Scott paid tribute to Peterson who backed him shortly after the election. Representa...
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...
