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: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...