The problem now for the Republicans is that it appears possible that no one single candidate can unite their conference and be elected speaker with at least 218 votes. The division among them is a fractious split with different groups having their own priorities.
The race for the speaker of the House has descended into chaos. As we reported on 25 and 29 September, current Majority Leader Kevin McCarthy (R-California) looked destined to move up to that position. Yesterday, however, he dropped out of the race during a Republican caucus meeting that was convened to nominate a candidate. The full House of Representatives votes for the speaker, but each party caucus nominates a candidate for the post. This is why the majority party nominee al...
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...
